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EDGE CREDIT-QUALIFICATIONS

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that an Applicant for the tax credit under the Act may demonstrate that the project would not occur in Illinois by presenting evidence that the Applicant, currently located in the State, is in competition for production or for a contract to provide goods or services to a vendee who has the option of awarding the production or contract, instead, to a vendor in another state.

Latest Actions
  • 03/23/2007 - Rule 19(a) / Re-referred to Rules Committee
  • 01/31/2007 - Assigned to Revenue Committee
  • 01/22/2007 - First Reading
  • 01/22/2007 - Referred to Rules Committee
  • 01/19/2007 - Filed with the Clerk by Rep. Chapin Rose
Bill Text
File name Last Updated
HB0322 Bill Text Introduced PDF07/03/2007