IL SB0157 | 2021-2022 | 102nd General Assembly

Status

Completed Legislative Action
Spectrum: Strong Partisan Bill (Democrat 46-3)
Status: Passed on April 19 2022 - 100% progression
Action: 2022-04-19 - Public Act . . . . . . . . . 102-0700
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain startup taxpayers are eligible to elect to claim the Credit against their obligation to pay over withholding taxes. Amends the Economic Development for a Growing Economy Tax Credit Act and the River Edge Redevelopment Zone Act. Makes changes to the definition of "underserved area". Amends the Illinois Income Tax Act and the Film Production Services Tax Credit Act of 2008. Provides that, if a film production credit is transferred by the taxpayer, then the transferor taxpayer shall pay to the Department of Commerce and Economic Opportunity a specified percentage of the amount transferred, which shall be deposited into the Illinois Production Workforce Development Fund. Provides that the term "Illinois labor expenditures" includes wages paid to nonresidents, subject to certain limitations. Makes changes concerning the earned income tax credit in the Illinois Income Tax Act. Creates certain income tax and property tax rebates. Amends the State Finance Act to create various special funds. Provides for transfers from the General Revenue Fund to certain other funds. Amends the Live Theater Production Tax Credit Act. Provides that, for the State fiscal year ending on July 1, 2023, the amount of tax credits awarded under the Act shall not exceed $4,000,000 (currently, $2,000,000); however, credits awarded for that fiscal year in excess of $2,000,000 must be awarded to applicants with Illinois production spending of not less than $2,500,000. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning biodiesel. Provides that, beginning on July 1, 2022 and until July 1, 2023, the rate of tax on certain food products shall be 0% (currently, 1%). Provides that the credit for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation equipment sunsets on July 1, 2028 (currently July 1, 2023). Creates a tax holiday for certain school supplies and clothing. Creates an exemption for breast pumps and breast pump kits. Amends the Illinois Income Tax Act. Creates an income tax credit for any individual or entity that operates an agritourism operation in the State during the taxable year. Makes changes concerning the credit for instructional supplies. Extends the income tax credit for certain hospitals through taxable years ending on or before December 31, 2027 (currently, December 31, 2022). Creates a withholding tax credit for organ donations. Amends the Motor Fuel Tax Tax Law. Suspends the rate adjustment calculated based on the percentage change in the Consumer Price Index until January 1, 2023 (currently, the adjustment occurs on July 1, 2022). Requires retailers to post certain notices of the suspension of the inflation adjustment in a prominently visible place on each retail dispensing device. Amends the Reimagining Electric Vehicles in Illinois Act. Provides that battery recycling and reuse manufacturers and battery raw materials refining service providers are also eligible for incentives under the Act. Provides that manufacturers of advanced battery components are also considered electric vehicle component parts manufacturers. For an applicant that is required to create full-time employee jobs, provides that the wages are based on wages paid to full-time employees in a similar position within an occupational group in the county where the project is located. Amends the Parking Excise Tax Act. Makes changes concerning booking intermediaries. Amends the Unemployment Insurance Act. Makes changes concerning an individual's weekly benefit amount. Provides that a claims adjudicator may reconsider a determination, if the issue is whether or not an individual misstated earnings for any week beginning on or after March 15, 2020, at any time within 5 years after the last day of the week for which the determination is made. Provides that the State's account in the unemployment trust fund is authorized to receive appropriations of State funds from other State accounts to repay any advance or advances from the United States Secretary of Labor. Makes other changes. Effective immediately, except that provisions concerning the Parking Excise Tax take effect on July 1, 2023.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

INC TAX-RIVER EDGE CREDIT

Sponsors


Roll Calls

2022-04-08 - Senate - Concurrence in Senate (Y: 55 N: 1 NV: 3 Abs: 0) [PASS]
2022-04-08 - Senate - Concurrence in Senate (Y: 55 N: 1 NV: 3 Abs: 0) [PASS]
2022-04-08 - House - Third Reading in House (Y: 110 N: 0 NV: 6 Abs: 0) [PASS]
2021-04-21 - Senate - Motion in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2022-04-19SenatePublic Act . . . . . . . . . 102-0700
2022-04-19SenateEffective Date April 19, 2022; Some Provisions Effective July 1, 2023
2022-04-19SenateGovernor Approved
2022-04-18SenateSent to the Governor
2022-04-09SenatePassed Both Houses
2022-04-09SenateSenate Concurs
2022-04-09SenateHouse Floor Amendment No. 3 Senate Concurs 055-001-000
2022-04-09SenateHouse Floor Amendment No. 2 Senate Concurs 055-001-000
2022-04-09SenateAdded as Co-Sponsor Sen. Laura Ellman
2022-04-09SenateHouse Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments
2022-04-09SenateHouse Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
2022-04-09SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Assignments
2022-04-09SenateHouse Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Michael E. Hastings
2022-04-09SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments
2022-04-09SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Michael E. Hastings
2022-04-09SenatePlaced on Calendar Order of Concurrence House Amendment(s) 2, 3 - April 9, 2022
2022-04-09SenateSecretary's Desk - Concurrence House Amendment(s) 2, 3
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Sam Yingling
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Daniel Didech
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Kambium Buckner
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Justin Slaughter
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Eva Dina Delgado
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Margaret Croke
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Aaron M. Ortiz
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Theresa Mah
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Michael Halpin
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Debbie Meyers-Martin
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Jennifer Gong-Gershowitz
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Denyse Wang Stoneback
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Bob Morgan
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Janet Yang Rohr
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Michelle Mussman
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr.
2022-04-09HouseAdded Alternate Co-Sponsor Rep. William Davis
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Robert Rita
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Robyn Gabel
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Sonya M. Harper
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Lindsey LaPointe
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Mark L. Walker
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Sue Scherer
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Fred Crespo
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Michael Kelly
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Jawaharial Williams
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Ann M. Williams
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Angelica Guerrero-Cuellar
2022-04-09HouseAdded Alternate Co-Sponsor Rep. Jonathan Carroll
2022-04-09HouseHouse Floor Amendment No. 1 Tabled Pursuant to Rule 40
2022-04-09HouseThird Reading - Short Debate - Passed 110-000-004
2022-04-09SenateChief Sponsor Changed to Sen. Michael E. Hastings
2022-04-09HousePlaced on Calendar Order of 3rd Reading - Short Debate
2022-04-09HouseHouse Floor Amendment No. 3 Adopted
2022-04-09HouseHouse Floor Amendment No. 2 Adopted
2022-04-09HouseAdded Alternate Chief Co-Sponsor Rep. Dave Vella
2022-04-09HouseAdded Alternate Chief Co-Sponsor Rep. Katie Stuart
2022-04-09HouseAdded Alternate Chief Co-Sponsor Rep. Anne Stava-Murray
2022-04-09HouseAdded Alternate Chief Co-Sponsor Rep. Maura Hirschauer
2022-04-09HouseHouse Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-001-000
2022-04-08HouseHouse Floor Amendment No. 3 Referred to Rules Committee
2022-04-08HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Michael J. Zalewski
2022-04-08HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000
2022-04-08HouseHouse Floor Amendment No. 2 Referred to Rules Committee
2022-04-08HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski
2022-04-08HouseAlternate Chief Sponsor Changed to Rep. Michael J. Zalewski
2022-04-06HousePlaced on Calendar 2nd Reading - Short Debate
2022-04-06HouseApproved for Consideration Rules Committee; 003-001-000
2022-04-06HouseFinal Action Deadline Extended-9(b) April 8, 2022
2021-11-29HouseRule 19(b) / Re-referred to Rules Committee
2021-10-22HousePlaced on Calendar 2nd Reading - Short Debate
2021-10-22HouseApproved for Consideration Rules Committee; 005-000-000
2021-06-02HouseRule 19(a) / Re-referred to Rules Committee
2021-06-02HouseHouse Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2021-05-28HouseFinal Action Deadline Extended-9(b) May 31, 2021
2021-05-26HouseHeld on Calendar Order of Second Reading - Short Debate
2021-05-26HouseSecond Reading - Short Debate
2021-05-20HouseHouse Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 017-000-000
2021-05-19HouseHouse Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee
2021-05-18HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2021-05-18HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth
2021-05-13HousePlaced on Calendar 2nd Reading - Short Debate
2021-05-13HouseDo Pass / Short Debate Revenue & Finance Committee; 018-000-000
2021-04-28HouseAssigned to Revenue & Finance Committee
2021-04-23HouseAlternate Co-Sponsor Removed Rep. Dave Vella
2021-04-23HouseAlternate Co-Sponsor Removed Rep. Maura Hirschauer
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Tony McCombie
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Anna Moeller
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Suzanne Ness
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Keith R. Wheeler
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Joe Sosnowski
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Barbara Hernandez
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Dave Vella
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Maura Hirschauer
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Stephanie A. Kifowit
2021-04-23HouseAdded Alternate Co-Sponsor Rep. Maurice A. West, II
2021-04-23HouseReferred to Rules Committee
2021-04-23HouseFirst Reading
2021-04-22HouseChief House Sponsor Rep. Jehan Gordon-Booth
2021-04-22HouseArrived in House
2021-04-21SenateThird Reading - Passed; 056-000-000
2021-04-20SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
2021-04-13SenatePlaced on Calendar Order of 3rd Reading ** April 14, 2021
2021-04-13SenateSecond Reading
2021-03-19SenatePlaced on Calendar Order of 2nd Reading March 23, 2021
2021-03-19SenateDo Pass Revenue; 009-000-000
2021-03-05SenatePostponed - Revenue
2021-03-02SenateAdded as Chief Co-Sponsor Sen. Christopher Belt
2021-02-25SenateAdded as Chief Co-Sponsor Sen. Cristina Castro
2021-02-17SenateAssigned to Revenue
2021-02-11SenateAdded as Chief Co-Sponsor Sen. Steve Stadelman
2021-02-11SenateAdded as Chief Co-Sponsor Sen. David Koehler
2021-02-09SenateReferred to Assignments
2021-02-09SenateFirst Reading
2021-02-09SenateFiled with Secretary by Sen. Linda Holmes

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355221Amended CodeCitation Text

Illinois State Sources

TypeSource
Summaryhttps://www.ilga.gov/legislation/BillStatus.asp?DocNum=157&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Texthttps://www.ilga.gov/legislation/102/SB/10200SB0157.htm
Texthttps://www.ilga.gov/legislation/102/SB/10200SB0157eng.htm
Texthttps://www.ilga.gov/legislation/102/SB/10200SB0157enr.htm
Texthttps://www.ilga.gov/legislation/publicacts/102/102-0700.htm
Amendmenthttps://www.ilga.gov/legislation/102/SB/10200SB0157ham001.htm
Amendmenthttps://www.ilga.gov/legislation/102/SB/10200SB0157ham002.htm
Amendmenthttps://www.ilga.gov/legislation/102/SB/10200SB0157ham003.htm
Roll Callhttps://www.ilga.gov/legislation/votehistory/102/senate/10200SB0157_04212021_069011.pdf
Roll Callhttps://www.ilga.gov/legislation/votehistory/102/house/10200SB0157_04082022_051000T.pdf
Roll Callhttps://www.ilga.gov/legislation/votehistory/102/senate/10200SB0157ham003_04082022_088001C.pdf
Roll Callhttps://www.ilga.gov/legislation/votehistory/102/senate/10200SB0157ham002_04082022_088000C.pdf

Bill Comments

feedback