Mike Coffey
- Republican
- Representative
- District 95
Primary
Amends the Illinois Income Tax Act. Creates an income tax credit for fire equipment distributors that are actively researching and developing alternative fire prevention equipment that contains no perfluoroalkyl or polyfluoroalkyl substances. Provides that the credit is in an amount equal to 75% of the amount expended during the taxable year to actively develop that equipment. Effective immediately.
No votes to display
Rule 19(a) / Re-referred to Rules Committee
To Revenue-Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Michael J. Coffey, Jr.
First Reading
Referred to Rules Committee
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| Introduced | HTML PDF |
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