HB 4155

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Electric Vehicle Credit

Abstract

Amends the Illinois Income Tax Act. Creates the following credits for taxpayers who manufacture electric vehicles, batteries for electric vehicles, or both: (1) a credit for capital expenditures for electric vehicle facilities or electric vehicle battery facilities; (2) a credit for educational or vocational training; and (3) a credit for qualified utility payments. Creates a credit for certain automobile manufacturers in an amount equal to 75% of withholding payments for new employees. Effective immediately.

Bill Sponsors (2)

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Jan 10, 2023

House

Session Sine Die

Apr 01, 2022

House

Added Co-Sponsor Rep. Maurice A. West, II

Feb 18, 2022

House

Rule 19(a) / Re-referred to Rules Committee

Feb 15, 2022

House

To Income Tax Subcommittee

Feb 09, 2022

House

Assigned to Revenue & Finance Committee

Oct 19, 2021

House

Referred to Rules Committee

House

First Reading

Sep 27, 2021

House

Filed with the Clerk by Rep. Dave Vella

Bill Text

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