INC TX-ANGEL INVESTMENT Senate SponsorsSen. Suzy Glowiak Hilton-Paul Faraci 1/7/2025SenateSession Sine Die 35 ILCS 5/220Amends 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. 2/2/2023SenateFiled with Secretary by Sen. Suzy Glowiak Hilton 2/2/2023SenateFirst Reading 2/2/2023SenateReferred to Assignments 2/7/2023SenateAssigned to Revenue 2/8/2023SenateAdded as Chief Co-Sponsor Sen. Paul Faraci 3/10/2023SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die