Date	Chamber	Action
8/3/2018	House	Public Act . . . . . . . . . 100-0686

Statutes Amended In Order of Appearance

35 ILCS 5/220

Synopsis As Introduced
Amends the Illinois Income Tax Act. Changes the definition of "applicant" and "related member". Provides that the annual allowable amounts shall be allocated by the Department of Commerce and Economic Opportunity if any portion of the unused allocated amount at the end of the first 3 calendar quarters of a calendar year (rather than 2 calendar quarters) are rolled into the total allocated amount for the next calendar quarter. Provides that the annual allowable amounts shall be allocated by the Department if tax credits for investments in minority-owned businesses, women-owned businesses, businesses owned by a person with a disability, or a business in a county with a population of 250,000 or less are limited to the first 3 calendar quarters of a calendar year and after which investors may claim the tax credits of any qualified new business venture.

Actions 

Date	Chamber	Action
2/15/2018	House	Filed with the Clerk by Rep. Carol Sente
2/16/2018	House	First Reading
2/16/2018	House	Referred to Rules Committee
3/5/2018	House	Assigned to Revenue & Finance Committee
4/5/2018	House	Added Co-Sponsor Rep. Sam Yingling
4/6/2018	House	Added Co-Sponsor Rep. Robert W. Pritchard
4/6/2018	House	Added Co-Sponsor Rep. Grant Wehrli
4/6/2018	House	Added Co-Sponsor Rep. Avery Bourne
4/6/2018	House	Added Co-Sponsor Rep. Lawrence Walsh, Jr.
4/9/2018	House	Added Co-Sponsor Rep. Jerry Costello, II
4/11/2018	House	Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
4/11/2018	House	Added Co-Sponsor Rep. Natalie A. Manley
4/11/2018	House	Added Co-Sponsor Rep. Kathleen Willis
4/11/2018	House	Added Co-Sponsor Rep. Sonya M. Harper
4/11/2018	House	Added Co-Sponsor Rep. Silvana Tabares
4/11/2018	House	Do Pass / Short Debate Revenue & Finance Committee; 009-000-000
4/13/2018	House	Placed on Calendar 2nd Reading - Short Debate
4/18/2018	House	Second Reading - Short Debate
4/18/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/18/2018	House	Removed Co-Sponsor Rep. Grant Wehrli
4/18/2018	House	Removed Co-Sponsor Rep. Sam Yingling
4/18/2018	House	Removed Co-Sponsor Rep. Robert W. Pritchard
4/18/2018	House	Removed Co-Sponsor Rep. Jerry Costello, II
4/18/2018	House	Added Chief Co-Sponsor Rep. Grant Wehrli
4/18/2018	House	Added Chief Co-Sponsor Rep. Sam Yingling
4/18/2018	House	Added Chief Co-Sponsor Rep. Robert W. Pritchard
4/18/2018	House	Added Chief Co-Sponsor Rep. Jerry Costello, II
4/19/2018	House	Third Reading - Short Debate - Passed 110-000-000
4/23/2018	Senate	Arrive in Senate
4/23/2018	Senate	Placed on Calendar Order of First Reading April 24, 2018
5/1/2018	Senate	Chief Senate Sponsor Sen. Elgie R. Sims, Jr.
5/1/2018	Senate	First Reading
5/1/2018	Senate	Referred to Assignments
5/2/2018	Senate	Assigned to Revenue
5/10/2018	Senate	Do Pass Revenue; 005-000-000
5/10/2018	Senate	Placed on Calendar Order of 2nd Reading May 15, 2018
5/15/2018	Senate	Second Reading
5/15/2018	Senate	Placed on Calendar Order of 3rd Reading May 16, 2018
5/21/2018	Senate	Added as Alternate Chief Co-Sponsor Sen. Melinda Bush
5/21/2018	Senate	Added as Alternate Co-Sponsor Sen. Julie A. Morrison
5/21/2018	Senate	Third Reading - Passed; 046-000-000
5/21/2018	House	Passed Both Houses
6/19/2018	House	Sent to the Governor
8/3/2018	House	Governor Approved
8/3/2018	House	Effective Date January 1, 2019
8/3/2018	House	Public Act . . . . . . . . . 100-0686

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