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<xml>
<title>Illinois General Assembly - Bill Status for HB 5933   </title>
<shortdesc>INC TX-CLEAN COAL CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Mike Bost-Robert F. Flider</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/218 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a credit, for taxable years ending on or after December 31, 2008, for taxpayers who operate a clean-coal-energy project in the State. Provides that the amount of the credit is an amount equal to the costs of that operation, but not to exceed $50,000. Defines "clean-coal-energy project" to include any project that employs the use of clean-coal technology, any coal-gasification project, and any project to provide pollution-control technology for existing coal plants. Provides that the credit may be carried forward for 5 years. Exempts the credit from the Act's sunset provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Mike Bost</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/11/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Robert F. Flider</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

