IL SB2075 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on February 9 2023 - 25% progression
Action: 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.

Tracking Information

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Title

DCEO-TAX CREDIT REPORT

Sponsors


History

DateChamberAction
2024-05-03SenateRule 3-9(a) / Re-referred to Assignments
2024-04-05SenateRule 2-10 Committee Deadline Established As May 3, 2024
2024-03-15SenateRule 2-10 Committee Deadline Established As April 5, 2024
2024-02-07SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
2024-01-26SenateAdded as Co-Sponsor Sen. Neil Anderson
2024-01-10SenateRe-assigned to Revenue
2023-07-18SenateAdded as Co-Sponsor Sen. Sally J. Turner
2023-04-17SenateAdded as Co-Sponsor Sen. Craig Wilcox
2023-03-30SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
2023-03-29SenateAdded as Co-Sponsor Sen. Win Stoller
2023-03-28SenateAdded as Co-Sponsor Sen. Dave Syverson
2023-03-10SenateRule 3-9(a) / Re-referred to Assignments
2023-02-21SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
2023-02-21SenateAssigned to Revenue
2023-02-09SenateReferred to Assignments
2023-02-09SenateFirst Reading
2023-02-09SenateFiled with Secretary by Sen. Seth Lewis

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355234New CodeSee Bill Text
355235New CodeSee Bill Text
355240New CodeSee Bill Text

Illinois State Sources


Bill Comments

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