Illinois Senate Bill 3401 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that, on and after the effective date of the amendatory Act, any Taxpayer that is awarded a credit under the Act may elect to claim the Credit against its withholding tax obligations (now, only certain taxpayers that are engaged in motor vehicle metal stamping, automobile manufacturing, automobile and light duty motor vehicle manufacturing, motor vehicle manufacturing, light truck and utility vehicle manufacturing, heavy duty truck manufacturing, or motor vehicle body manufacturing may claim the credit against withholdings). Effective immediately.

EDGE-ALL TAXPAYERS

Sen. Carole Pankau [R]

Date	Chamber	Action
2013-01-08	Senate	Session Sine Die
2012-03-30	Senate	Rule 3-9(a) / Re-referred to Assignments
2012-03-09	Senate	Rule 2-10 Committee Deadline Established As March 30, 2012
2012-03-01	Senate	To Revenue Subcommittee on Tax Credits
2012-02-17	Senate	Assigned to Revenue
2012-02-07	Senate	Referred to Assignments
2012-02-07	Senate	First Reading
2012-02-07	Senate	Filed with Secretary by Sen. Carole Pankau

Chapter	Article	Section	Citation Type	Statute Text
35	10	5-15	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3401&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/SB/09700SB3401.htm