IL SB1656 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Renewable Chemical Production Tax Credit Program Act. Provides a credit against taxes imposed under the Illinois Income Tax Act for eligible businesses that produces a renewable chemical in this State from biomass feedstock. Provides eligibility requirements and for the amount and applicability of the credit. Defines terms. Effective immediately.
Title
RENEWABLE CHEMICAL TAX CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-09 | Senate | Session Sine Die |
| 2017-04-07 | Senate | Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments |
| 2017-04-07 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2017-04-06 | Senate | Added as Chief Co-Sponsor Sen. Wm. Sam McCann |
| 2017-04-06 | Senate | Senate Committee Amendment No. 1 Postponed - Revenue |
| 2017-04-06 | Senate | Postponed - Revenue |
| 2017-03-17 | Senate | Rule 2-10 Committee Deadline Established As April 7, 2017 |
| 2017-03-16 | Senate | Senate Committee Amendment No. 1 Postponed - Revenue |
| 2017-03-16 | Senate | Postponed - Revenue |
| 2017-03-15 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
| 2017-03-09 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2017-03-09 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Andy Manar |
| 2017-03-09 | Senate | Postponed - Revenue |
| 2017-02-28 | Senate | Assigned to Revenue |
| 2017-02-09 | Senate | Added as Chief Co-Sponsor Sen. Chapin Rose |
| 2017-02-09 | Senate | Referred to Assignments |
| 2017-02-09 | Senate | First Reading |
| 2017-02-09 | Senate | Filed with Secretary by Sen. Andy Manar |
