Illinois Senate Bill 3453 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Income Tax Act. Provides that the research and development applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 years (instead of 5 years). Makes changes concerning the calculation of the credit. Reinstates the training expense credit. Provides that the credit shall be 2.5% of such training expenses. Creates an apprenticeship income tax credit. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the manufacturing and assembling machinery and equipment exemption includes production related tangible personal property. Provides that the exemption for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation equipment applies on a permanent basis. Effective immediately.

REVENUE-VARIOUS

Sen. Dan McConchie [R]

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2018-05-03	Senate	Rule 3-9(a) / Re-referred to Assignments
2018-04-27	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 3, 2018
2018-04-13	Senate	Rule 2-10 Committee Deadline Established As April 27, 2018
2018-02-27	Senate	Assigned to Revenue
2018-02-16	Senate	Referred to Assignments
2018-02-16	Senate	First Reading
2018-02-16	Senate	Filed with Secretary by Sen. Dan McConchie

Chapter	Article	Section	Citation Type	Statute Text
35	105	3-5	Amended Code	Citation Text
35	105	3-50	Amended Code	Citation Text
35	105	3-85	Amended Code	Citation Text
35	110	2	Amended Code	Citation Text
35	110	3-5	Amended Code	Citation Text
35	110	3-70	Amended Code	Citation Text
35	115	2	Amended Code	Citation Text
35	115	3-5	Amended Code	Citation Text
35	115	9	Amended Code	Citation Text
35	120	2-45	Amended Code	Citation Text
35	120	2-5	Amended Code	Citation Text
35	120	3	Amended Code	Citation Text
35	5	201	Amended Code	Citation Text
35	5	227	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3453&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB3453.htm