IL SB0805 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on March 30 2023 - 50% progression
Action: 2023-12-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on March 30 2023 - 50% progression
Action: 2023-12-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenue Code of 1986. Amends the Illinois Income Tax Act. Creates a deduction for capital contributions that are made pursuant to a master development plan and that are included in the taxpayer's federal taxable income for the taxable year under Section 118 of the Internal Revenue Code. Effective immediately.
Title
REVENUE-TECH
Sponsors
Roll Calls
2023-11-09 - House - Third Reading in House (Y: 106 N: 0 NV: 1 Abs: 0) [PASS]
2023-03-30 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2023-03-30 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2023-12-10 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2023-11-09 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 2, 1 - November 9, 2023 |
2023-11-09 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1, 2 |
2023-11-09 | Senate | Chief Sponsor Changed to Sen. Celina Villanueva |
2023-11-09 | House | Third Reading - Short Debate - Passed 106-000-001 |
2023-11-09 | House | 3/5 Vote Required |
2023-11-09 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2023-11-09 | House | House Floor Amendment No. 2 Adopted |
2023-11-09 | House | Recalled to Second Reading - Short Debate |
2023-11-08 | House | House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 018-000-000 |
2023-11-08 | House | House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee |
2023-11-07 | House | House Floor Amendment No. 2 Referred to Rules Committee |
2023-11-07 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Jay Hoffman |
2023-11-07 | House | Alternate Chief Sponsor Changed to Rep. Jay Hoffman |
2023-11-07 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2023-11-07 | House | Approved for Consideration Rules Committee; 004-000-000 |
2023-05-31 | House | Rule 19(a) / Re-referred to Rules Committee |
2023-05-19 | House | Third Reading/Final Action Deadline Extended-9(b) May 31, 2023 |
2023-05-12 | House | Third Reading/Final Action Deadline Extended-9(b) May 19, 2023 |
2023-05-03 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2023-05-03 | House | Second Reading - Short Debate |
2023-04-26 | House | Placed on Calendar 2nd Reading - Short Debate |
2023-04-26 | House | Do Pass as Amended / Short Debate Revenue & Finance Committee; 019-000-000 |
2023-04-26 | House | House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote |
2023-04-25 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
2023-04-20 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2023-04-20 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Jennifer Gong-Gershowitz |
2023-04-18 | House | Assigned to Revenue & Finance Committee |
2023-04-14 | House | Alternate Chief Sponsor Changed to Rep. Jennifer Gong-Gershowitz |
2023-04-11 | House | Referred to Rules Committee |
2023-04-11 | House | First Reading |
2023-04-05 | House | Alternate Chief Sponsor Changed to Rep. Diane Blair-Sherlock |
2023-03-31 | House | Chief House Sponsor Rep. Emanuel "Chris" Welch |
2023-03-31 | House | Arrived in House |
2023-03-30 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
2023-03-30 | Senate | Added as Co-Sponsor Sen. Adriane Johnson |
2023-03-30 | Senate | Third Reading - Passed; 057-000-000 |
2023-03-30 | Senate | Placed on Calendar Order of 3rd Reading |
2023-03-30 | Senate | Senate Floor Amendment No. 1 Adopted; Morrison |
2023-03-30 | Senate | Recalled to Second Reading |
2023-03-30 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000 |
2023-03-28 | Senate | Chief Sponsor Changed to Sen. Julie A. Morrison |
2023-03-28 | Senate | Senate Floor Amendment No. 1 Assignments Refers to Revenue |
2023-03-24 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
2023-03-24 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison |
2023-03-10 | Senate | Placed on Calendar Order of 3rd Reading March 21, 2023 |
2023-03-10 | Senate | Second Reading |
2023-03-09 | Senate | Placed on Calendar Order of 2nd Reading March 10, 2023 |
2023-03-09 | Senate | Do Pass Executive; 011-000-000 |
2023-03-02 | Senate | Assigned to Executive |
2023-02-02 | Senate | Referred to Assignments |
2023-02-02 | Senate | First Reading |
2023-02-02 | Senate | Filed with Secretary by Sen. Don Harmon |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 5 | 101 | Amended Code | Citation Text |