Suzy Glowiak Hilton
- Democratic
- Senator
- District 23
Primary
Amends the Illinois Income Tax Act. In provisions concerning the angel investment credit, provides that the amount of the credit is 35% (rather than 25%) of the claimant's investment made directly in the qualified new business venture if the investment is made in (1) a qualified new business venture that is a minority-owned business, a women-owned business, or a business owned a person with a disability or (2) a qualified new business venture in which the principal place of business is located in a county with a population of not more than 250,000. Increases the aggregate amount of angel investment credits that may be claimed in a taxable year.
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Rule 3-9(a) / Re-referred to Assignments
Added as Chief Co-Sponsor Sen. Paul Faraci
Assigned to Revenue
Filed with Secretary by Sen. Suzy Glowiak Hilton
First Reading
Referred to Assignments
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