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republic-os/legislation/us/states/il/100th/hb-5214.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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---
type: "Bill"
title: "INCOME TAX-ANGEL INVEST CREDIT"
description: "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."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "100th"
identifier: "HB 5214"
citation: "Illinois HB 5214 (100th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 46
vote_count: 2
first_action: "2018-02-15"
last_action: "2018-08-03"
source: "openstates"
source_identifier: "ocd-bill/3e3d3aec-3428-4128-898d-d8274e2430e3"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=5214&GAID=14&DocTypeID=HB&LegId=110914&SessionID=91&GA=100"
source_hash: "b1a1093f12e5fed02afc392a9ad32ced4c74bfb5cac3142323fb7ee7e86549ac"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "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](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB5214&GA=100&SessionId=91&DocTypeId=HB&LegID=110914&DocNum=5214&GAID=14&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB5214eng&GA=100&SessionId=91&DocTypeId=HB&LegID=110914&DocNum=5214&GAID=14&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB5214enr&GA=100&SessionId=91&DocTypeId=HB&LegID=110914&DocNum=5214&GAID=14&Session=&print=true)
## Votes
- Third Reading — **46–0** (pass) · upper
- Third Reading — **110–0** (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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3e3d3aec-3428-4128-898d-d8274e2430e3`. Confidence: reported (aggregated from official Illinois legislature records).
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