republic-os/legislation/us/states/il/93rd/hb-4887.md

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	INC TAX-INVESTMENT CREDIT	Amends the Illinois Income Tax Act. Provides that, with respect to the investment credit, the basis of qualified property shall not include costs incurred after December 31, 2008 (now, 2003), except for costs incurred pursuant to a binding contract entered into on or before December 31, 2008 (now, 2003). Effective immediately.	us/states/il	Illinois General Assembly	93rd	HB 4887	Illinois HB 4887 (93rd)	bill		enacted		3	29	2	2004-02-04	2004-08-06	openstates	ocd-bill/018126ae-f375-458d-bb29-eddbfe254549	http://ilga.gov/legislation/BillStatus.asp?DocNum=4887&GAID=3&DocTypeID=HB&LegId=9551&SessionID=3&GA=93	c9900ce077223f1ada365ac26139e245c522002f1f1b722d08a2e3dfbd2e6385	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 4887 (93rd) — INC TAX-INVESTMENT CREDIT

Amends the Illinois Income Tax Act. Provides that, with respect to the investment credit, the basis of qualified property shall not include costs incurred after December 31, 2008 (now, 2003), except for costs incurred pursuant to a binding contract entered into on or before December 31, 2008 (now, 2003). Effective immediately.

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 — 56–0 (pass) · upper
• Third Reading — 97–13 (pass) · lower

Sponsors

• Bob Biggins — primary (person)

Timeline

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

• 2004-02-04 Filed with the Clerk by Rep. Bob Biggins filing
• 2004-02-04 Chief Co-Sponsor Rep. Ed Sullivan, Jr.
• 2004-02-04 First Reading reading-1
• 2004-02-04 Referred to Rules Committee referral-committee
• 2004-02-18 Assigned to Revenue Committee referral-committee
• 2004-03-04 Do Pass / Short Debate Revenue Committee; 009-000-000 committee-passage
• 2004-03-04 Placed on Calendar 2nd Reading - Short Debate
• 2004-03-24 Second Reading - Short Debate reading-2
• 2004-03-24 Placed on Calendar Order of 3rd Reading - Short Debate
• 2004-03-25 Added Co-Sponsor Rep. Jack D. Franks
• 2004-03-25 Added Co-Sponsor Rep. Randall M. Hultgren
• 2004-03-25 Third Reading - Short Debate - Passed 097-013-002 reading-3, passage
• 2004-03-25 Arrive in Senate introduction
• 2004-03-25 Placed on Calendar Order of First Reading March 26, 2004 reading-1
• 2004-03-31 Chief Senate Sponsor Sen. Denny Jacobs
• 2004-03-31 First Reading reading-1
• 2004-03-31 Referred to Rules referral-committee
• 2004-04-15 Assigned to Revenue referral-committee
• 2004-04-22 Do Pass Revenue; 008-001-000 committee-passage
• 2004-04-22 Placed on Calendar Order of 2nd Reading April 27, 2004
• 2004-04-28 Second Reading reading-2
• 2004-04-28 Placed on Calendar Order of 3rd Reading April 29, 2004
• 2004-04-28 Added as Alternate Chief Co-Sponsor Sen. Chris Lauzen
• 2004-05-11 Third Reading - Passed; 056-000-000 reading-3, passage
• 2004-05-11 Passed Both Houses
• 2004-06-09 Sent to the Governor executive-receipt
• 2004-08-06 Governor Approved executive-signature
• 2004-08-06 Effective Date August 6, 2004
• 2004-08-06 Public Act . . . . . . . . . 93-0871 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/018126ae-f375-458d-bb29-eddbfe254549. Confidence: reported (aggregated from official Illinois legislature records).