IL HB3335 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the credit is transferable. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall conduct a study on the advantages, disadvantages, and feasibility of making each tax credit in the State transferable and shall report its findings to the Governor and the General Assembly no later than December 31, 2022. Effective immediately.

Tracking Information

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Title

REVENUE-TRANSFER CREDITS

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-16HouseAssigned to Revenue & Finance Committee
2021-02-22HouseReferred to Rules Committee
2021-02-22HouseFirst Reading
2021-02-19HouseFiled with the Clerk by Rep. Jeff Keicher

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20605605-1055New CodeSee Bill Text
35105-20Amended CodeCitation Text
35105-21New CodeSee Bill Text

Illinois State Sources


Bill Comments

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