INC TAX-EDGE CREDIT-EXTEND House SponsorsRep. William B. Black and Kurt M. Granberg 3/29/2007HouseTabled By Sponsor Rep. William B. Black 35 ILCS 5/21135 ILCS 10/5-2035 ILCS 10/5-45 Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the duration of the credit may not exceed 15 (now, 10) taxable years. In provisions setting forth requirements for applicants for the credit, provides that for projects determined to be eligible because they meet the investment and new employee criteria established by the Department of Commerce and Economic Opportunity, the Department shall approve those that will provide a return on the State's investment. Amends the Illinois Income Tax Act to make the commensurate change extending the duration of the credit to 15 years. Effective immediately. 2/2/2007HouseFiled with the Clerk by Rep. William B. Black 2/5/2007HouseFirst Reading 2/5/2007HouseReferred to Rules Committee 2/7/2007HouseAssigned to Revenue Committee 2/21/2007HouseAdded Co-Sponsor Rep. Kurt M. Granberg 3/8/2007HouseMotion Filed - Table Bill Pursuant to Rule 60(b) Rep. William B. Black 3/23/2007HouseRule 19(a) / Re-referred to Rules Committee 3/29/2007HouseMotion Prevailed 3/29/2007HouseTabled By Sponsor Rep. William B. Black