<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4887   </title>
<shortdesc>NEW MARKETS-CAP ON CREDITS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Arthur L. Turner</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 663/20</reference><aliasreference></aliasreference><reference>20 ILCS 663/25</reference><aliasreference></aliasreference><SynopsisText>     Amends the New Markets Development Program Act. Increases the annual cap on credits from $10,000,000 to $40,000,000. Effective July 1, 2010.</SynopsisText></synopsis>
<actions>
<statusdate>1/13/2010</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Arthur L. Turner</action>
<statusdate>1/15/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/15/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/22/2010</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/15/2010</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

