<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1362   </title>
<shortdesc>INC TX-INSULATION CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Edward D. Maloney</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/221 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates a credit equal to a percentage of the cost of mechanical insulation property placed in service in the State during the taxable year. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Edward D. Maloney</action>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/8/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/23/2011</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/3/2011</statusdate><chamber>Senate</chamber><action>To Revenue Subcommittee on Tax Credits</action>
<statusdate>3/15/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Edward D. Maloney</action>
<statusdate>3/15/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/18/2011</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

