INC TX-ANGEL CREDIT House SponsorsRep. Curtis J. Tarver, II 1/7/2025HouseSession Sine Die 35 ILCS 5/220 Amends the Illinois Income Tax Act. In provisions requiring a qualified new business venture to repay certain amounts received under the angel investment tax credit if the qualified new business venture fails to maintain its minimum employment threshold, provides that, during the 3-year reporting period that includes March 13, 2020 to January 1, 2024, the repayment of any tax credits issued under those provisions shall be determined at the discretion of the Department of Commerce and Economic Opportunity. Effective immediately. 2/9/2024HouseFiled with the Clerk by Rep. Curtis J. Tarver, II 2/9/2024HouseFirst Reading 2/9/2024HouseReferred to Rules Committee 2/28/2024HouseAssigned to Revenue & Finance Committee 3/8/2024HouseTo Revenue - Tax Credit and Incentives Subcommittee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die