Bill Sponsors: IL SB0157 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain startup taxpayers are eligible to elect to claim the Credit against their obligation to pay over withholding taxes. Amends the Economic Development for a Growing Economy Tax Credit Act and the River Edge Redevelopment Zone Act. Makes changes to the definition of "underserved area". Amends the Illinois Income Tax Act and the Film Production Services Tax Credit Act of 2008. Provides that, if a film production credit is transferred by the taxpayer, then the transferor taxpayer shall pay to the Department of Commerce and Economic Opportunity a specified percentage of the amount transferred, which shall be deposited into the Illinois Production Workforce Development Fund. Provides that the term "Illinois labor expenditures" includes wages paid to nonresidents, subject to certain limitations. Makes changes concerning the earned income tax credit in the Illinois Income Tax Act. Creates certain income tax and property tax rebates. Amends the State Finance Act to create various special funds. Provides for transfers from the General Revenue Fund to certain other funds. Amends the Live Theater Production Tax Credit Act. Provides that, for the State fiscal year ending on July 1, 2023, the amount of tax credits awarded under the Act shall not exceed $4,000,000 (currently, $2,000,000); however, credits awarded for that fiscal year in excess of $2,000,000 must be awarded to applicants with Illinois production spending of not less than $2,500,000. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning biodiesel. Provides that, beginning on July 1, 2022 and until July 1, 2023, the rate of tax on certain food products shall be 0% (currently, 1%). Provides that the credit for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation equipment sunsets on July 1, 2028 (currently July 1, 2023). Creates a tax holiday for certain school supplies and clothing. Creates an exemption for breast pumps and breast pump kits. Amends the Illinois Income Tax Act. Creates an income tax credit for any individual or entity that operates an agritourism operation in the State during the taxable year. Makes changes concerning the credit for instructional supplies. Extends the income tax credit for certain hospitals through taxable years ending on or before December 31, 2027 (currently, December 31, 2022). Creates a withholding tax credit for organ donations. Amends the Motor Fuel Tax Tax Law. Suspends the rate adjustment calculated based on the percentage change in the Consumer Price Index until January 1, 2023 (currently, the adjustment occurs on July 1, 2022). Requires retailers to post certain notices of the suspension of the inflation adjustment in a prominently visible place on each retail dispensing device. Amends the Reimagining Electric Vehicles in Illinois Act. Provides that battery recycling and reuse manufacturers and battery raw materials refining service providers are also eligible for incentives under the Act. Provides that manufacturers of advanced battery components are also considered electric vehicle component parts manufacturers. For an applicant that is required to create full-time employee jobs, provides that the wages are based on wages paid to full-time employees in a similar position within an occupational group in the county where the project is located. Amends the Parking Excise Tax Act. Makes changes concerning booking intermediaries. Amends the Unemployment Insurance Act. Makes changes concerning an individual's weekly benefit amount. Provides that a claims adjudicator may reconsider a determination, if the issue is whether or not an individual misstated earnings for any week beginning on or after March 15, 2020, at any time within 5 years after the last day of the week for which the determination is made. Provides that the State's account in the unemployment trust fund is authorized to receive appropriations of State funds from other State accounts to repay any advance or advances from the United States Secretary of Labor. Makes other changes. Effective immediately, except that provisions concerning the Parking Excise Tax take effect on July 1, 2023.

Spectrum: Strong Partisan Bill (Democrat 46-3)

Status: (Passed) 2022-04-19 - Public Act . . . . . . . . . 102-0700 [SB0157 Detail]

Text: Latest bill text (Chaptered) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Michael Hastings [D]PrimarySponsored BillsSD-019FollowTheMoneyBallotpediaVoteSmart
Senator David Koehler [D]CosponsorSponsored BillsSD-046FollowTheMoneyBallotpediaVoteSmart
Senator Steve Stadelman [D]CosponsorSponsored BillsSD-034FollowTheMoneyBallotpediaVoteSmart
Senator Cristina Castro [D]CosponsorSponsored BillsSD-022FollowTheMoneyBallotpediaVoteSmart
Senator Christopher Belt [D]CosponsorSponsored BillsSD-057FollowTheMoneyBallotpediaVoteSmart
Senator Elgie Sims [D]CosponsorSponsored BillsSD-017FollowTheMoneyBallotpediaVoteSmart
Senator Laura Ellman [D]CosponsorSponsored BillsSD-021FollowTheMoneyBallotpediaVoteSmart
Representative Michael Zalewski [D]PrimarySponsored BillsHD-023FollowTheMoneyBallotpediaVoteSmart
Representative Maura Hirschauer [D]CosponsorSponsored BillsHD-049FollowTheMoneyBallotpediaVoteSmart
Representative Anne Stava-Murray [D]CosponsorSponsored BillsHD-081FollowTheMoneyBallotpediaVoteSmart
Representative Katie Stuart [D]CosponsorSponsored BillsHD-112FollowTheMoneyBallotpediaVoteSmart
Representative Dave Vella [D]CosponsorSponsored BillsHD-068FollowTheMoneyBallotpediaVoteSmart
Representative Maurice West [D]CosponsorSponsored BillsHD-067FollowTheMoneyBallotpediaVoteSmart
Representative Stephanie Kifowit [D]CosponsorSponsored BillsHD-084FollowTheMoneyBallotpediaVoteSmart
Representative Barbara Hernandez [D]CosponsorSponsored BillsHD-050FollowTheMoneyBallotpediaVoteSmart
Representative Joe Sosnowski [R]CosponsorSponsored BillsHD-069FollowTheMoneyBallotpediaVoteSmart
Representative Keith Wheeler [R]CosponsorSponsored BillsHD-050FollowTheMoneyBallotpediaVoteSmart
Representative Suzanne Ness [D]CosponsorSponsored BillsHD-066FollowTheMoneyBallotpediaVoteSmart
Representative Anna Moeller [D]CosponsorSponsored BillsHD-043FollowTheMoneyBallotpediaVoteSmart
Representative Tony McCombie [R]CosponsorSponsored BillsHD-089FollowTheMoneyBallotpediaVoteSmart
Representative Jonathan Carroll [D]CosponsorSponsored BillsHD-057FollowTheMoneyBallotpediaVoteSmart
Representative Angelica Guerrero-Cuellar [D]CosponsorSponsored BillsHD-022N/ABallotpediaVoteSmart
Representative Ann Williams [D]CosponsorSponsored BillsHD-011FollowTheMoneyBallotpediaVoteSmart
Representative Jawaharial Williams [D]CosponsorSponsored BillsHD-010FollowTheMoneyBallotpediaVoteSmart
Representative Michael Kelly [D]CosponsorSponsored BillsHD-015N/ABallotpediaVoteSmart
Representative Fred Crespo [D]CosponsorSponsored BillsHD-044FollowTheMoneyBallotpediaVoteSmart
Representative Sue Scherer [D]CosponsorSponsored BillsHD-096FollowTheMoneyBallotpediaVoteSmart
Representative Mark Walker [D]CosponsorSponsored BillsHD-053FollowTheMoneyBallotpediaVoteSmart
Representative Lindsey LaPointe [D]CosponsorSponsored BillsHD-019FollowTheMoneyBallotpediaVoteSmart
Representative Sonya Harper [D]CosponsorSponsored BillsHD-006FollowTheMoneyBallotpediaVoteSmart
Representative Robyn Gabel [D]CosponsorSponsored BillsHD-018FollowTheMoneyBallotpediaVoteSmart
Representative Robert Rita [D]CosponsorSponsored BillsHD-028FollowTheMoneyBallotpediaVoteSmart
Representative William Davis [D]CosponsorSponsored BillsHD-030FollowTheMoneyBallotpediaVoteSmart
Representative Jaime Andrade [D]CosponsorSponsored BillsHD-040FollowTheMoneyBallotpediaVoteSmart
Representative Michelle Mussman [D]CosponsorSponsored BillsHD-056FollowTheMoneyBallotpediaVoteSmart
Representative Janet Yang Rohr [D]CosponsorSponsored BillsHD-041FollowTheMoneyBallotpediaVoteSmart
Representative Bob Morgan [D]CosponsorSponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Denyse Wang Stoneback [D]CosponsorSponsored BillsHD-016FollowTheMoneyBallotpediaVoteSmart
Representative Jennifer Gong-Gershowitz [D]CosponsorSponsored BillsHD-017FollowTheMoneyBallotpediaVoteSmart
Representative Debbie Meyers-Martin [D]CosponsorSponsored BillsHD-038FollowTheMoneyBallotpediaVoteSmart
Senator Michael Halpin [D]CosponsorSponsored BillsSD-036FollowTheMoneyBallotpediaVoteSmart
Representative Theresa Mah [D]CosponsorSponsored BillsHD-024FollowTheMoneyBallotpediaVoteSmart
Representative Aaron Ortiz [D]CosponsorSponsored BillsHD-001FollowTheMoneyBallotpediaVoteSmart
Representative Margaret Croke [D]CosponsorSponsored BillsHD-012FollowTheMoneyBallotpediaVoteSmart
Representative Eva Dina Delgado [D]CosponsorSponsored BillsHD-003FollowTheMoneyBallotpediaVoteSmart
Representative Justin Slaughter [D]CosponsorSponsored BillsHD-027FollowTheMoneyBallotpediaVoteSmart
Representative Kambium Buckner [D]CosponsorSponsored BillsHD-026FollowTheMoneyBallotpediaVoteSmart
Representative Daniel Didech [D]CosponsorSponsored BillsHD-059FollowTheMoneyBallotpediaVoteSmart
Representative Sam Yingling [D]CosponsorSponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart

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