EDGE-REFUNDABLE House SponsorsRep. Daniel V. Beiser 12/3/2014HouseSession Sine Die 35 ILCS 5/21135 ILCS 10/5-45 Amends the Illinois Income Tax Act and the Economic Development for a Growing Economy Tax Credit Act. Provides that the amount of any credit awarded under the Economic Development for a Growing Economy Tax Credit Act may exceed the tax liability for the year the credit is computed. Provides that excess credit amounts may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year or refunded to the Taxpayer (instead of carried forward only). Effective immediately. 1/25/2013HouseFiled with the Clerk by Rep. Daniel V. Beiser 1/25/2013HouseFirst Reading 1/25/2013HouseReferred to Rules Committee 2/4/2013HouseAssigned to Revenue & Finance Committee 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die