IL SB1983 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Bipartisan Bill
Status: Engrossed on April 23 2021 - 50% progression, died in committee
Action: 2022-12-22 - Chief Sponsor Changed to Sen. Don Harmon
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on April 23 2021 - 50% progression, died in committee
Action: 2022-12-22 - Chief Sponsor Changed to Sen. Don Harmon
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Reinserts the provisions of the introduced bill with changes. Provides that, to avoid revocation or suspension of credits under the provisions of the bill, the Taxpayer shall also maintain job creation and retention at the level of 85% of the Agreement requirements. Provides that the taxpayer must show a direct and substantial hardship caused by the COVID-19 pandemic (in the introduced bill, a financial hardship). Effective immediately.
Title
EDGE TAX CREDIT-COVID 19
Sponsors
| Sen. Don Harmon [D] | Sen. Elgie Sims [D] | Sen. Jil Tracy [R] | Sen. Rachelle Crowe [D] |
| Rep. Michael Marron [R] |
Roll Calls
2021-04-23 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-12-22 | Senate | Chief Sponsor Changed to Sen. Don Harmon |
| 2021-05-15 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2021-05-04 | House | Assigned to Revenue & Finance Committee |
| 2021-04-27 | House | Referred to Rules Committee |
| 2021-04-27 | House | First Reading |
| 2021-04-26 | House | Chief House Sponsor Rep. Michael T. Marron |
| 2021-04-26 | House | Arrived in House |
| 2021-04-26 | Senate | Added as Chief Co-Sponsor Sen. Elgie R. Sims, Jr. |
| 2021-04-26 | Senate | Added as Co-Sponsor Sen. Rachelle Crowe |
| 2021-04-23 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 2021-04-23 | Senate | Third Reading - Passed; 057-000-000 |
| 2021-04-22 | Senate | Placed on Calendar Order of 3rd Reading April 23, 2021 |
| 2021-04-22 | Senate | Second Reading |
| 2021-04-21 | Senate | Placed on Calendar Order of 2nd Reading April 22, 2021 |
| 2021-04-21 | Senate | Do Pass as Amended Revenue; 010-000-000 |
| 2021-04-21 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2021-04-21 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
| 2021-04-20 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2021-04-20 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Scott M. Bennett |
| 2021-04-16 | Senate | Rule 2-10 Committee Deadline Established As April 23, 2021 |
| 2021-03-16 | Senate | Assigned to Revenue |
| 2021-02-26 | Senate | Referred to Assignments |
| 2021-02-26 | Senate | First Reading |
| 2021-02-26 | Senate | Filed with Secretary by Sen. Scott M. Bennett |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 20 | 715 | 25 | Amended Code | Citation Text |
| 35 | 10 | 5-55 | Amended Code | Citation Text |
