INC TX-ETHANOL SALES CREDIT House SponsorsRep. Jim Sacia 1/9/2007HouseSession Sine Die 35 ILCS 5/216 new35 ILCS 5/217 new Amends the Illinois Income Tax Act. Allows credits of $10,000 for high-impact ethanol retailers and high-impact biodiesel retailers. Defines "high-impact ethanol retailer" as a motor fuel retailer who has been certified by the Department as being one of the top 25 retailers in the sale of motor-fuel ethanol in the State during the previous calendar year, and defines "high-impact biodiesel retailer" as a motor fuel retailer who has been certified by the Department as being one of the top 25 retailers in the sale of biodiesel in the State during the previous calendar year. Provides that the credits may not be carried forward or back and may not reduce a taxpayer's liability to less than zero. Effective immediately. 2/18/2005HouseFiled with the Clerk by Rep. Jim Sacia 2/18/2005HouseFirst Reading 2/18/2005HouseReferred to Rules Committee 2/23/2005HouseAssigned to Revenue Committee 3/10/2005HouseRecommends Be Adopted Sub-committee/ Revenue Committee; 001-000-002; Lost 3/10/2005HouseRemains in Revenue Committee 3/10/2005HouseRule 19(a) / Re-referred to Rules Committee 1/9/2007HouseSession Sine Die