INCOME TAX-SMALL BUSINESS LOAN House SponsorsRep. Sonya M. Harper 1/13/2021HouseSession Sine Die 35 ILCS 5/201 Amends the Illinois Income Tax Act. Creates a credit for financial institutions in an amount equal to the aggregate amount of all fees, penalties, and any other income derived during the taxable year from each commercial loan transaction that is (i) originated by the financial institution, (ii) made to a person residing or located in this State, and (iii) made primarily for an agricultural project in this State. Effective immediately. 2/14/2020HouseFiled with the Clerk by Rep. Sonya M. Harper 2/18/2020HouseFirst Reading 2/18/2020HouseReferred to Rules Committee 1/13/2021HouseSession Sine Die