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<xml>
<title>Illinois General Assembly - Bill Status for HB 652    </title>
<shortdesc>INC TX-ALT FUEL VEHICLE CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack D. Franks-Michael Tryon-Sidney H. Mathias-Linda Chapa LaVia, Mike Boland, Daniel V. Beiser, Kathleen A. Ryg, Karen A. Yarbrough, Lisa M. Dugan, Careen M Gordon and Naomi D. Jakobsson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/216 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides, for 5 taxable years, for an income tax credit for the purchase of an alternative fueled vehicle during the taxable year in the amount of $1,000 per vehicle purchased. Provides that the credit may not reduce the taxpayer's liability to less than zero but may be carried forward for 5 years. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/28/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack D. Franks</action>
<statusdate>1/31/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/2/2005</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Michael Tryon</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>2/3/2005</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/15/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>2/16/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel V. Beiser</action>
<statusdate>2/24/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>3/2/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>3/9/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Careen M Gordon</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/5/2005</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

