IL SB3527 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 14-8)
Status: Passed on July 26 2018 - 100% progression
Action: 2018-07-26 - Public Act . . . . . . . . . 100-0629
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 14-8)
Status: Passed on July 26 2018 - 100% progression
Action: 2018-07-26 - Public Act . . . . . . . . . 100-0629
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that taxpayers of a qualified historic structure located in a River Edge Redevelopment Zone shall be allowed a tax credit against certain provisions of the Illinois Insurance Code during a 48-month period. Provides that a taxpayer is required to provide a third-party cost certification regarding costs attributable to the rehabilitation of a historic building when the costs exceed $200,000. Defines "phased rehabilitation" and "placed in service". Amends the Illinois Insurance Code. Makes conforming changes. Effective immediately.
Title
RIVER EDGE REDEVELOPMENT TAX
Sponsors
Roll Calls
2018-05-31 - Senate - Concurrence in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
2018-05-31 - Senate - Concurrence in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
2018-05-31 - House - Third Reading in House (Y: 101 N: 11 NV: 3 Abs: 0) [PASS]
2018-04-26 - Senate - Third Reading in Senate (Y: 52 N: 1 NV: 6 Abs: 0) [PASS]
2018-05-31 - Senate - Concurrence in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
2018-05-31 - House - Third Reading in House (Y: 101 N: 11 NV: 3 Abs: 0) [PASS]
2018-04-26 - Senate - Third Reading in Senate (Y: 52 N: 1 NV: 6 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-07-26 | Senate | Public Act . . . . . . . . . 100-0629 |
| 2018-07-26 | Senate | Effective Date January 1, 2019 |
| 2018-07-26 | Senate | Governor Approved |
| 2018-06-21 | Senate | Sent to the Governor |
| 2018-05-31 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 2018-05-31 | Senate | Added as Co-Sponsor Sen. Cristina Castro |
| 2018-05-31 | Senate | Passed Both Houses |
| 2018-05-31 | Senate | Senate Concurs |
| 2018-05-31 | Senate | House Floor Amendment No. 3 Senate Concurs 051-000-000 |
| 2018-05-31 | Senate | House Committee Amendment No. 1 Senate Concurs 051-000-000 |
| 2018-05-31 | Senate | House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments |
| 2018-05-31 | Senate | House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments |
| 2018-05-31 | Senate | House Floor Amendment No. 3 Motion to Concur Referred to Assignments |
| 2018-05-31 | Senate | House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Steve Stadelman |
| 2018-05-31 | Senate | House Committee Amendment No. 1 Motion to Concur Referred to Assignments |
| 2018-05-31 | Senate | House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Steve Stadelman |
| 2018-05-31 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1, 3 - May 31, 2018 |
| 2018-05-31 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1, 3 |
| 2018-05-31 | House | Added Alternate Co-Sponsor Rep. Carol Sente |
| 2018-05-31 | House | Third Reading - Short Debate - Passed 101-011-001 |
| 2018-05-31 | House | Added Alternate Co-Sponsor Rep. Joe Sosnowski |
| 2018-05-31 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2018-05-31 | House | House Floor Amendment No. 3 Adopted |
| 2018-05-31 | House | House Floor Amendment No. 2 Withdrawn by Rep. Jehan Gordon-Booth |
| 2018-05-30 | House | House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 011-000-000 |
| 2018-05-30 | House | Added Alternate Co-Sponsor Rep. Norine K. Hammond |
| 2018-05-30 | House | Added Alternate Co-Sponsor Rep. Tony McCombie |
| 2018-05-30 | House | Added Alternate Co-Sponsor Rep. Steven A. Andersson |
| 2018-05-30 | House | House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee |
| 2018-05-29 | Senate | Added as Chief Co-Sponsor Sen. Pamela J. Althoff |
| 2018-05-29 | House | Added Alternate Chief Co-Sponsor Rep. Nicholas K Smith |
| 2018-05-29 | House | House Floor Amendment No. 3 Referred to Rules Committee |
| 2018-05-29 | House | House Floor Amendment No. 3 Filed with Clerk by Rep. Jehan Gordon-Booth |
| 2018-05-29 | Senate | Added as Chief Co-Sponsor Sen. Neil Anderson |
| 2018-05-29 | House | House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 007-004-000 |
| 2018-05-28 | House | House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee |
| 2018-05-28 | House | Alternate Chief Co-Sponsor Removed Rep. Ryan Spain |
| 2018-05-28 | House | Added Alternate Co-Sponsor Rep. Linda Chapa LaVia |
| 2018-05-28 | House | Added Alternate Co-Sponsor Rep. Camille Y. Lilly |
| 2018-05-28 | House | Added Alternate Co-Sponsor Rep. Arthur Turner |
| 2018-05-28 | House | Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr. |
| 2018-05-28 | House | Added Alternate Chief Co-Sponsor Rep. Litesa E. Wallace |
| 2018-05-28 | House | Added Alternate Chief Co-Sponsor Rep. Ryan Spain |
| 2018-05-28 | House | Added Alternate Chief Co-Sponsor Rep. Michael Halpin |
| 2018-05-28 | House | House Floor Amendment No. 2 Referred to Rules Committee |
| 2018-05-28 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. Jehan Gordon-Booth |
| 2018-05-25 | House | Final Action Deadline Extended-9(b) May 31, 2018 |
| 2018-05-23 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2018-05-23 | House | Second Reading - Short Debate |
| 2018-05-18 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2018-05-17 | House | Do Pass as Amended / Short Debate Revenue & Finance Committee; 011-000-000 |
| 2018-05-17 | House | House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote |
| 2018-05-17 | House | Added Alternate Co-Sponsor Rep. Anna Moeller |
| 2018-05-14 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2018-05-11 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2018-05-11 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth |
| 2018-05-07 | House | Assigned to Revenue & Finance Committee |
| 2018-05-04 | House | Added Alternate Chief Co-Sponsor Rep. LaToya Greenwood |
| 2018-04-26 | House | Referred to Rules Committee |
| 2018-04-26 | House | First Reading |
| 2018-04-26 | House | Chief House Sponsor Rep. Jehan Gordon-Booth |
| 2018-04-26 | House | Arrived in House |
| 2018-04-26 | Senate | Third Reading - Passed; 052-001-000 |
| 2018-04-25 | Senate | Placed on Calendar Order of 3rd Reading April 26, 2018 |
| 2018-04-25 | Senate | Second Reading |
| 2018-04-25 | Senate | Placed on Calendar Order of 2nd Reading |
| 2018-04-25 | Senate | Do Pass as Amended Revenue; 006-000-000 |
| 2018-04-25 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2018-04-25 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
| 2018-04-25 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2018-04-25 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Steve Stadelman |
| 2018-04-19 | Senate | Added as Chief Co-Sponsor Sen. Chuck Weaver |
| 2018-04-13 | Senate | Rule 2-10 Committee Deadline Established As April 27, 2018 |
| 2018-02-28 | Senate | Added as Chief Co-Sponsor Sen. David Koehler |
| 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. Steve Stadelman |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 215 | 5 | 409.1 | New Code | See Bill Text |
| 35 | 5 | 221 | Amended Code | Citation Text |
