Illinois 96th Regular Session Status: In Committee 1 D cosponsors

HB 3969 — VENTURE CAPITAL CREDIT

Last action — Session Sine Die

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 96th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Illinois Income Tax Act. Provides for a credit in an amount equal to 25% of the taxpayer's equity investment in a qualified new business venture, including investments made through a certified fund manager. Sets forth limitations on the credit.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 19(a) / Re-referred to Rules Committee

  3. Added Co-Sponsor Rep. Eddie Washington

  4. Added Co-Sponsor Rep. Lou Lang

  5. Added Co-Sponsor Rep. Michael K. Smith

  6. Added Co-Sponsor Rep. Jehan A. Gordon

  7. Chief Co-Sponsor Changed to Rep. Eddie Lee Jackson, Sr.

  8. Added Chief Co-Sponsor Rep. Eddie Lee Jackson, Sr.

  9. Assigned to Revenue & Finance Committee

  10. Added Co-Sponsor Rep. Carol A. Sente

  11. Rule 19(a) / Re-referred to Rules Committee

  12. Added Chief Co-Sponsor Rep. Keith Farnham

  13. Assigned to Revenue & Finance Committee

  14. Referred to Rules Committee

  15. First Reading

  16. Filed with the Clerk by Rep. Mark L. Walker

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 3969 do?
Amends the Illinois Income Tax Act. Provides for a credit in an amount equal to 25% of the taxpayer's equity investment in a qualified new business venture, including investments made through a certified fund manager. Sets forth limitations on the credit.
Who sponsors HB 3969?
HB 3969 is sponsored by Mark L. Walker (Democrat).
What is the current status of HB 3969?
This bill died with 96th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 3969?
Track HB 3969 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 3969

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 3969

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →