IL SB3882 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 24-0)
Status: Engrossed on February 24 2022 - 50% progression, died in committee
Action: 2022-04-01 - Added as Co-Sponsor Sen. Cristina H. Pacione-Zayas
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Reinserts the provisions of Senate Amendment No. 1 with the following changes: Requires the Department of Human Services to maintain an electronic listing of the certificates of tax credit issued by which the Department of Revenue may verify tax credit certificates issued to qualifying employers. Provides that the tax credit authorized under the Act may not be carried forward. Provides that a taxpayer who is a qualified employer who has received a certificate of tax credit from the Department shall be allowed a credit against the tax imposed equal to the amount shown on such certificate of tax credit. Provides that if the taxpayer is a partnership or Subchapter S corporation the credit shall be allowed to the partners or shareholders in accordance with the determination of income and distributive share of income as provided under specified provisions of the Internal Revenue Code. Makes other changes. Amends the Illinois Income Tax Act. Provides that for taxable years beginning on or after January 1, 2023, a taxpayer who has been awarded a credit under the Recovery and Mental Health Tax Credit Act is entitled to a credit against the tax imposed under specified provisions of the Illinois Income Tax Act.

Tracking Information

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Title

REVENUE-SUBSTANCE ABUSE

Sponsors


Roll Calls

2022-02-24 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 5 Abs: 0) [PASS]

History

DateChamberAction
2022-04-01SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas
2022-03-25HouseRule 19(a) / Re-referred to Rules Committee
2022-03-22SenateAdded as Co-Sponsor Sen. Sara Feigenholtz
2022-03-11SenateAdded as Co-Sponsor Sen. Antonio Muñoz
2022-03-10SenateAdded as Co-Sponsor Sen. Emil Jones, III
2022-03-09SenateAdded as Co-Sponsor Sen. Rachelle Crowe
2022-03-09SenateAdded as Co-Sponsor Sen. David Koehler
2022-03-09SenateAdded as Co-Sponsor Sen. Karina Villa
2022-03-09SenateAdded as Co-Sponsor Sen. Meg Loughran Cappel
2022-03-09SenateAdded as Co-Sponsor Sen. Suzy Glowiak Hilton
2022-03-09SenateAdded as Co-Sponsor Sen. Cristina Castro
2022-03-09SenateAdded as Co-Sponsor Sen. Julie A. Morrison
2022-03-07HouseAssigned to Revenue & Finance Committee
2022-02-25HouseReferred to Rules Committee
2022-02-25HouseFirst Reading
2022-02-25HouseChief House Sponsor Rep. Anne Stava-Murray
2022-02-25HouseArrived in House
2022-02-24SenateAdded as Co-Sponsor Sen. Jacqueline Y. Collins
2022-02-24SenateAdded as Co-Sponsor Sen. Laura M. Murphy
2022-02-24SenateThird Reading - Passed; 053-000-000
2022-02-24SenatePlaced on Calendar Order of 3rd Reading
2022-02-24SenateSenate Floor Amendment No. 2 Adopted; Fine
2022-02-24SenateRecalled to Second Reading
2022-02-23SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 010-000-000
2022-02-22SenateAdded as Co-Sponsor Sen. Celina Villanueva
2022-02-22SenateAdded as Chief Co-Sponsor Sen. Christopher Belt
2022-02-22SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
2022-02-17SenateSenate Floor Amendment No. 2 Referred to Assignments
2022-02-17SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Laura Fine
2022-02-16SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
2022-02-16SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
2022-02-16SenateAdded as Chief Co-Sponsor Sen. Michael E. Hastings
2022-02-16SenateAdded as Chief Co-Sponsor Sen. Patricia Van Pelt
2022-02-16SenateAdded as Co-Sponsor Sen. Mattie Hunter
2022-02-15SenatePlaced on Calendar Order of 3rd Reading February 16, 2022
2022-02-15SenateSecond Reading
2022-02-15SenateAdded as Co-Sponsor Sen. Adriane Johnson
2022-02-10SenatePlaced on Calendar Order of 2nd Reading February 15, 2022
2022-02-10SenateDo Pass as Amended Revenue; 011-000-000
2022-02-09SenateSenate Committee Amendment No. 1 Adopted
2022-02-09SenateAdded as Chief Co-Sponsor Sen. Robert F. Martwick
2022-02-09SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
2022-02-07SenateSenate Committee Amendment No. 1 Referred to Assignments
2022-02-07SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine
2022-02-01SenateAssigned to Revenue
2022-01-21SenateReferred to Assignments
2022-01-21SenateFirst Reading
2022-01-21SenateFiled with Secretary by Sen. Laura Fine

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355232New CodeSee Bill Text

Illinois State Sources


Bill Comments

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