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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill INCOME TAX-ANGEL INVEST CREDIT Amends the Illinois Income Tax Act. Changes the definition of "applicant" and "related member". Provides that the annual allowable amounts shall be allocated by the Department of Commerce and Economic Opportunity if any portion of the unused allocated amount at the end of the first 3 calendar quarters of a calendar year (rather than 2 calendar quarters) are rolled into the total allocated amount for the next calendar quarter. Provides that the annual allowable amounts shall be allocated by the Department if tax credits for investments in minority-owned businesses, women-owned businesses, businesses owned by a person with a disability, or a business in a county with a population of 250,000 or less are limited to the first 3 calendar quarters of a calendar year and after which investors may claim the tax credits of any qualified new business venture. us/states/il Illinois General Assembly 100th HB 5214 Illinois HB 5214 (100th)
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3 46 2 2018-02-15 2018-08-03 openstates ocd-bill/3e3d3aec-3428-4128-898d-d8274e2430e3 http://ilga.gov/legislation/BillStatus.asp?DocNum=5214&GAID=14&DocTypeID=HB&LegId=110914&SessionID=91&GA=100 b1a1093f12e5fed02afc392a9ad32ced4c74bfb5cac3142323fb7ee7e86549ac 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois HB 5214 (100th) — INCOME TAX-ANGEL INVEST CREDIT

Amends the Illinois Income Tax Act. Changes the definition of "applicant" and "related member". Provides that the annual allowable amounts shall be allocated by the Department of Commerce and Economic Opportunity if any portion of the unused allocated amount at the end of the first 3 calendar quarters of a calendar year (rather than 2 calendar quarters) are rolled into the total allocated amount for the next calendar quarter. Provides that the annual allowable amounts shall be allocated by the Department if tax credits for investments in minority-owned businesses, women-owned businesses, businesses owned by a person with a disability, or a business in a county with a population of 250,000 or less are limited to the first 3 calendar quarters of a calendar year and after which investors may claim the tax credits of any qualified new business venture.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 460 (pass) · upper
  • Third Reading — 1100 (pass) · lower

Sponsors

  • Carol Sente — primary (person)
  • Julie A. Morrison — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2018-02-15 Filed with the Clerk by Rep. Carol Sente filing
  • 2018-02-16 First Reading reading-1
  • 2018-02-16 Referred to Rules Committee referral-committee
  • 2018-03-05 Assigned to Revenue & Finance Committee referral-committee
  • 2018-04-05 Added Co-Sponsor Rep. Sam Yingling
  • 2018-04-06 Added Co-Sponsor Rep. Robert W. Pritchard
  • 2018-04-06 Added Co-Sponsor Rep. Grant Wehrli
  • 2018-04-06 Added Co-Sponsor Rep. Avery Bourne
  • 2018-04-06 Added Co-Sponsor Rep. Lawrence Walsh, Jr.
  • 2018-04-09 Added Co-Sponsor Rep. Jerry Costello, II
  • 2018-04-11 Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
  • 2018-04-11 Added Co-Sponsor Rep. Natalie A. Manley
  • 2018-04-11 Added Co-Sponsor Rep. Kathleen Willis
  • 2018-04-11 Added Co-Sponsor Rep. Sonya M. Harper
  • 2018-04-11 Added Co-Sponsor Rep. Silvana Tabares
  • 2018-04-11 Do Pass / Short Debate Revenue & Finance Committee; 009-000-000 committee-passage
  • 2018-04-13 Placed on Calendar 2nd Reading - Short Debate
  • 2018-04-18 Second Reading - Short Debate reading-2
  • 2018-04-18 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2018-04-18 Removed Co-Sponsor Rep. Grant Wehrli
  • 2018-04-18 Removed Co-Sponsor Rep. Sam Yingling
  • 2018-04-18 Removed Co-Sponsor Rep. Robert W. Pritchard
  • 2018-04-18 Removed Co-Sponsor Rep. Jerry Costello, II
  • 2018-04-18 Added Chief Co-Sponsor Rep. Grant Wehrli
  • 2018-04-18 Added Chief Co-Sponsor Rep. Sam Yingling
  • 2018-04-18 Added Chief Co-Sponsor Rep. Robert W. Pritchard
  • 2018-04-18 Added Chief Co-Sponsor Rep. Jerry Costello, II
  • 2018-04-19 Third Reading - Short Debate - Passed 110-000-000 reading-3, passage
  • 2018-04-23 Arrive in Senate introduction
  • 2018-04-23 Placed on Calendar Order of First Reading April 24, 2018 reading-1
  • 2018-05-01 Chief Senate Sponsor Sen. Elgie R. Sims, Jr.
  • 2018-05-01 First Reading reading-1
  • 2018-05-01 Referred to Assignments referral-committee
  • 2018-05-02 Assigned to Revenue referral-committee
  • 2018-05-10 Do Pass Revenue; 005-000-000 committee-passage
  • 2018-05-10 Placed on Calendar Order of 2nd Reading May 15, 2018
  • 2018-05-15 Second Reading reading-2
  • 2018-05-15 Placed on Calendar Order of 3rd Reading May 16, 2018
  • 2018-05-21 Added as Alternate Chief Co-Sponsor Sen. Melinda Bush
  • 2018-05-21 Added as Alternate Co-Sponsor Sen. Julie A. Morrison
  • 2018-05-21 Third Reading - Passed; 046-000-000 reading-3, passage
  • 2018-05-21 Passed Both Houses
  • 2018-06-19 Sent to the Governor executive-receipt
  • 2018-08-03 Governor Approved executive-signature
  • 2018-08-03 Effective Date January 1, 2019
  • 2018-08-03 Public Act . . . . . . . . . 100-0686 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3e3d3aec-3428-4128-898d-d8274e2430e3. Confidence: reported (aggregated from official Illinois legislature records).