Comments: IL SB1983 | 2021-2022 | 102nd General Assembly

Bill Title: 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.

Sponsorship: Bipartisan Bill

Status: (Engrossed - Dead) 2022-12-22 - Chief Sponsor Changed to Sen. Don Harmon [SB1983 Detail]

Text: Latest bill text (Engrossed) [HTML]

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