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]
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.
Title
INC TAX-RIVER EDGE CREDIT
Sponsors
Roll Calls
2022-04-09 - House - Third Reading in House (Y: 110 N: 0 NV: 6 Abs: 0) [PASS]
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]
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
Date | Chamber | Action |
---|---|---|
2022-04-19 | Senate | Public Act . . . . . . . . . 102-0700 |
2022-04-19 | Senate | Effective Date April 19, 2022; Some Provisions Effective July 1, 2023 |
2022-04-19 | Senate | Governor Approved |
2022-04-18 | Senate | Sent to the Governor |
2022-04-09 | Senate | Passed Both Houses |
2022-04-09 | Senate | Senate Concurs |
2022-04-09 | Senate | House Floor Amendment No. 3 Senate Concurs 055-001-000 |
2022-04-09 | Senate | House Floor Amendment No. 2 Senate Concurs 055-001-000 |
2022-04-09 | Senate | Added as Co-Sponsor Sen. Laura Ellman |
2022-04-09 | Senate | House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments |
2022-04-09 | Senate | House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments |
2022-04-09 | Senate | House Floor Amendment No. 3 Motion to Concur Referred to Assignments |
2022-04-09 | Senate | House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Michael E. Hastings |
2022-04-09 | Senate | House Floor Amendment No. 2 Motion to Concur Referred to Assignments |
2022-04-09 | Senate | House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Michael E. Hastings |
2022-04-09 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 2, 3 - April 9, 2022 |
2022-04-09 | Senate | Secretary's Desk - Concurrence House Amendment(s) 2, 3 |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Sam Yingling |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Daniel Didech |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Kambium Buckner |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Justin Slaughter |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Eva-Dina Delgado |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Margaret Croke |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Aaron M. Ortiz |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Theresa Mah |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Michael Halpin |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Debbie Meyers-Martin |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Jennifer Gong-Gershowitz |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Denyse Wang Stoneback |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Bob Morgan |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Janet Yang Rohr |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Michelle Mussman |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr. |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. William Davis |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Robert Rita |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Robyn Gabel |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Sonya M. Harper |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Lindsey LaPointe |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Mark L. Walker |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Sue Scherer |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Fred Crespo |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Michael Kelly |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Jawaharial Williams |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Ann M. Williams |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Angelica Guerrero-Cuellar |
2022-04-09 | House | Added Alternate Co-Sponsor Rep. Jonathan Carroll |
2022-04-09 | House | House Floor Amendment No. 1 Tabled Pursuant to Rule 40 |
2022-04-09 | House | Third Reading - Short Debate - Passed 110-000-004 |
2022-04-09 | Senate | Chief Sponsor Changed to Sen. Michael E. Hastings |
2022-04-09 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2022-04-09 | House | House Floor Amendment No. 3 Adopted |
2022-04-09 | House | House Floor Amendment No. 2 Adopted |
2022-04-09 | House | Added Alternate Chief Co-Sponsor Rep. Dave Vella |
2022-04-09 | House | Added Alternate Chief Co-Sponsor Rep. Katie Stuart |
2022-04-09 | House | Added Alternate Chief Co-Sponsor Rep. Anne Stava-Murray |
2022-04-09 | House | Added Alternate Chief Co-Sponsor Rep. Maura Hirschauer |
2022-04-09 | House | House Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-001-000 |
2022-04-08 | House | House Floor Amendment No. 3 Referred to Rules Committee |
2022-04-08 | House | House Floor Amendment No. 3 Filed with Clerk by Rep. Michael J. Zalewski |
2022-04-08 | House | House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 |
2022-04-08 | House | House Floor Amendment No. 2 Referred to Rules Committee |
2022-04-08 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski |
2022-04-08 | House | Alternate Chief Sponsor Changed to Rep. Michael J. Zalewski |
2022-04-06 | House | Placed on Calendar 2nd Reading - Short Debate |
2022-04-06 | House | Approved for Consideration Rules Committee; 003-001-000 |
2022-04-06 | House | Final Action Deadline Extended-9(b) April 8, 2022 |
2021-11-29 | House | Rule 19(b) / Re-referred to Rules Committee |
2021-10-22 | House | Placed on Calendar 2nd Reading - Short Debate |
2021-10-22 | House | Approved for Consideration Rules Committee; 005-000-000 |
2021-06-02 | House | Rule 19(a) / Re-referred to Rules Committee |
2021-06-02 | House | House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee |
2021-05-28 | House | Final Action Deadline Extended-9(b) May 31, 2021 |
2021-05-26 | House | Held on Calendar Order of Second Reading - Short Debate |
2021-05-26 | House | Second Reading - Short Debate |
2021-05-20 | House | House Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 017-000-000 |
2021-05-19 | House | House Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee |
2021-05-18 | House | House Floor Amendment No. 1 Referred to Rules Committee |
2021-05-18 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth |
2021-05-13 | House | Placed on Calendar 2nd Reading - Short Debate |
2021-05-13 | House | Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 |
2021-04-28 | House | Assigned to Revenue & Finance Committee |
2021-04-23 | House | Alternate Co-Sponsor Removed Rep. Dave Vella |
2021-04-23 | House | Alternate Co-Sponsor Removed Rep. Maura Hirschauer |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Tony McCombie |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Anna Moeller |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Suzanne Ness |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Keith R. Wheeler |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Joe Sosnowski |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Barbara Hernandez |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Dave Vella |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Maura Hirschauer |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit |
2021-04-23 | House | Added Alternate Co-Sponsor Rep. Maurice A. West, II |
2021-04-23 | House | Referred to Rules Committee |
2021-04-23 | House | First Reading |
2021-04-22 | House | Chief House Sponsor Rep. Jehan Gordon-Booth |
2021-04-22 | House | Arrived in House |
2021-04-21 | Senate | Third Reading - Passed; 056-000-000 |
2021-04-20 | Senate | Added as Co-Sponsor Sen. Elgie R. Sims, Jr. |
2021-04-13 | Senate | Placed on Calendar Order of 3rd Reading ** April 14, 2021 |
2021-04-13 | Senate | Second Reading |
2021-03-19 | Senate | Placed on Calendar Order of 2nd Reading March 23, 2021 |
2021-03-19 | Senate | Do Pass Revenue; 009-000-000 |
2021-03-05 | Senate | Postponed - Revenue |
2021-03-02 | Senate | Added as Chief Co-Sponsor Sen. Christopher Belt |
2021-02-25 | Senate | Added as Chief Co-Sponsor Sen. Cristina Castro |
2021-02-17 | Senate | Assigned to Revenue |
2021-02-11 | Senate | Added as Chief Co-Sponsor Sen. Steve Stadelman |
2021-02-11 | Senate | Added as Chief Co-Sponsor Sen. David Koehler |
2021-02-09 | Senate | Referred to Assignments |
2021-02-09 | Senate | First Reading |
2021-02-09 | Senate | Filed with Secretary by Sen. Linda Holmes |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 5 | 221 | Amended Code | Citation Text |