Bill Status of SB 1669   100th General Assembly


Short Description:  REVENUE-VARIOUS

Senate Sponsors
Sen. William E. Brady

Last Action  View All Actions

DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201
35 ILCS 5/224 new
35 ILCS 105/3-5
35 ILCS 105/3-50from Ch. 120, par. 439.3-50
35 ILCS 105/3-85
35 ILCS 110/2from Ch. 120, par. 439.32
35 ILCS 110/3-5
35 ILCS 110/3-70
35 ILCS 115/2from Ch. 120, par. 439.102
35 ILCS 115/3-5
35 ILCS 115/9from Ch. 120, par. 439.109
35 ILCS 120/2-5
35 ILCS 120/2-45from Ch. 120, par. 441-45
35 ILCS 120/3from Ch. 120, par. 442

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reinstates the research and development credit for tax years ending on or after January 1, 2017, and provides that the credit applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 years (instead of 5 years). Creates an apprenticeship income tax credit. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the manufacturing and assembling machinery and equipment exemption includes graphic arts machinery and equipment and production related tangible personal property. Provides that the exemption for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation equipment applies on a permanent basis. Effective immediately.

Actions 
DateChamber Action
  2/9/2017SenateFiled with Secretary by Sen. Karen McConnaughay
  2/9/2017SenateFirst Reading
  2/9/2017SenateReferred to Assignments
  9/4/2018SenateChief Sponsor Changed to Sen. William E. Brady
  1/9/2019SenateSession Sine Die

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