Date	Chamber	Action
9/18/2017	House	Public Act . . . . . . . . . 100-0511

Statutes Amended In Order of Appearance

35 ILCS 5/220

Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the angel investment credit.

House Floor Amendment No. 1

	Deletes reference to:
	35 ILCS 5/220

	Adds reference to:
	35 ILCS 5/704A

35 ILCS 10/5-5

35 ILCS 10/5-15

35 ILCS 10/5-20

35 ILCS 10/5-25

35 ILCS 10/5-50

35 ILCS 10/5-57 new

35 ILCS 10/5-65

35 ILCS 10/5-70

35 ILCS 10/5-77

Replaces everything after the enacting clause. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the credit award may not exceed the lesser of: (1) the sum of (i) 50% of the Incremental Income Tax attributable to New Employees at the Applicant's project and (ii) 10% of the training costs of New Employees; or (2) 100% of the Incremental Income Tax attributable to New Employees at the Applicant's project. Provides that, if the project is located in an underserved area, then the amount of the credit may not exceed the lesser of: (1) the sum of (i) 75% of the Incremental Income Tax attributable to New Employees at the Applicant's project and (ii) 10% of the training costs of New Employees; or (2) 100% of the Incremental Income Tax attributable to New Employees at the Applicant's project. Provides that the maximum amount of the Credit may be increased by an amount not to exceed 25% of the Incremental Income Tax attributable to retained employees if certain conditions are met. Makes changes concerning the capital investment and employment requirements for credits under the Act. Provides that an Agreement between the Department of Commerce and Economic Opportunity and an Applicant shall include a provision specifying that, if the Taxpayer ceases principal operations with the intent to shut down the project in the State permanently during the term of the Agreement, then the entire credit amount awarded to the Taxpayer prior to the date the Taxpayer ceases principal operations shall be returned to the Department and shall be reallocated to the local workforce investment area in which the project was located. Provides that the amount reallocated by the Department shall be used for purposes of workforce development, expanded opportunities for unemployed persons, and expanded opportunities for women and minorities in the workforce. Contains provisions concerning supplier diversity goals. Provides that the Department may not enter into any new EDGE agreements after June 30, 2022 (currently, April 30, 2017). Provides that no credit awarded under the Act for an agreement entered into on or after January 1, 2015 may be claimed against the taxpayer's withholding tax liability. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 

Date	Chamber	Action
12/5/2016	House	Prefiled with Clerk by Rep. Michael J. Madigan
1/11/2017	House	First Reading
1/11/2017	House	Referred to Rules Committee
1/25/2017	House	Assigned to Executive Committee
2/8/2017	House	Do Pass / Short Debate Executive Committee; 007-003-000
2/8/2017	House	Placed on Calendar 2nd Reading - Short Debate **
2/16/2017	House	Second Reading - Short Debate
2/16/2017	House	Held on Calendar Order of Second Reading - Short Debate **
4/28/2017	House	Rule 19(a) / Re-referred to Rules Committee
5/28/2017	House	Approved for Consideration Rules Committee; 005-000-000
5/28/2017	House	Placed on Calendar 2nd Reading - Short Debate
5/28/2017	House	Final Action Deadline Extended-9(b) May 31, 2017
5/31/2017	House	Final Action Deadline Extended-9(b) June 30, 2017
6/25/2017	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
6/25/2017	House	House Floor Amendment No. 1 Referred to Rules Committee
6/25/2017	House	Chief Sponsor Changed to Rep. Michael J. Zalewski
6/25/2017	House	Added Co-Sponsor Rep. Robert W. Pritchard
6/26/2017	House	Added Chief Co-Sponsor Rep. David Harris
6/26/2017	House	Added Chief Co-Sponsor Rep. Grant Wehrli
6/26/2017	House	Added Chief Co-Sponsor Rep. Keith R. Wheeler
6/27/2017	House	House Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski
6/27/2017	House	House Floor Amendment No. 2 Referred to Rules Committee
6/27/2017	House	House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
6/28/2017	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
6/28/2017	House	House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 007-002-000
6/28/2017	House	Added Co-Sponsor Rep. Sheri Jesiel
6/28/2017	House	Added Co-Sponsor Rep. Tony McCombie
6/28/2017	House	Added Co-Sponsor Rep. C.D. Davidsmeyer
6/28/2017	House	Added Co-Sponsor Rep. Joe Sosnowski
6/28/2017	House	Added Co-Sponsor Rep. Steven Reick
6/28/2017	House	Added Co-Sponsor Rep. Thomas M. Bennett
6/28/2017	House	Added Co-Sponsor Rep. John M. Cabello
6/28/2017	House	Added Co-Sponsor Rep. Nick Sauer
6/28/2017	House	Added Co-Sponsor Rep. Steven A. Andersson
6/28/2017	House	Added Co-Sponsor Rep. Reginald Phillips
6/28/2017	House	Added Co-Sponsor Rep. Tom Demmer
6/28/2017	House	Added Co-Sponsor Rep. Ryan Spain
6/28/2017	House	Added Co-Sponsor Rep. Lindsay Parkhurst
6/28/2017	House	Added Co-Sponsor Rep. Randy E. Frese
6/28/2017	House	Added Co-Sponsor Rep. Brad Halbrook
6/28/2017	House	Added Co-Sponsor Rep. Charles Meier
6/28/2017	House	Added Co-Sponsor Rep. Daniel Swanson
6/28/2017	House	House Floor Amendment No. 1 Adopted
6/28/2017	House	House Floor Amendment No. 2 Withdrawn by Rep. Michael J. Zalewski
6/28/2017	House	Placed on Calendar Order of 3rd Reading - Short Debate
6/28/2017	House	Removed from Short Debate Status
6/28/2017	House	Placed on Calendar Order of 3rd Reading - Standard Debate
6/28/2017	House	3/5 Vote Required
6/28/2017	House	Third Reading - Standard Debate - Passed 102-005-000
6/28/2017	House	Added Co-Sponsor Rep. Elgie R. Sims, Jr.
6/28/2017	House	Added Chief Co-Sponsor Rep. Patricia R. Bellock
6/28/2017	House	Added Co-Sponsor Rep. Jerry Lee Long
6/28/2017	Senate	Arrive in Senate
6/28/2017	Senate	Placed on Calendar Order of First Reading
6/28/2017	Senate	Chief Senate Sponsor Sen. John J. Cullerton
6/28/2017	Senate	First Reading
6/28/2017	Senate	Referred to Assignments
6/29/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
6/29/2017	Senate	Rule 2-10 Committee Deadline Established As June 30, 2017
6/29/2017	Senate	Assigned to Revenue
6/29/2017	Senate	Waive Posting Notice
6/29/2017	Senate	Alternate Chief Sponsor Changed to Sen. Melinda Bush
6/29/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Linda Holmes
6/29/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Neil Anderson
6/29/2017	Senate	Do Pass Revenue; 007-000-000
6/29/2017	Senate	Placed on Calendar Order of 2nd Reading
6/29/2017	Senate	Second Reading
6/29/2017	Senate	Placed on Calendar Order of 3rd Reading June 30, 2017
6/30/2017	Senate	Rule 2-10 Third Reading Deadline Established As June 30, 2017
8/4/2017	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
8/7/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Julie A. Morrison
8/13/2017	Senate	Rule 2-10 Third Reading Deadline Established As August 14, 2017
8/13/2017	Senate	Approved for Consideration Assignments
8/13/2017	Senate	Added as Alternate Co-Sponsor Sen. Jennifer Bertino-Tarrant
8/13/2017	Senate	Placed on Calendar Order of 3rd Reading
8/13/2017	Senate	3/5 Vote Required
8/13/2017	Senate	Third Reading - Passed; 056-000-001
8/13/2017	House	Passed Both Houses
8/16/2017	Senate	Added as Alternate Co-Sponsor Sen. Cristina Castro
9/11/2017	House	Sent to the Governor
9/18/2017	House	Governor Approved
9/18/2017	House	Effective Date September 18, 2017
9/18/2017	House	Public Act . . . . . . . . . 100-0511
9/18/2017	Senate	Added as Alternate Co-Sponsor Sen. Terry Link

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