Bill Status of SB 3122   100th General Assembly

Short Description:  DCEO-TAX EXEMPTION STUDY

Senate Sponsors
Sen. William E. Brady

Last Action  View All Actions

DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 605/605-1025 new

Synopsis As Introduced
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 issue a report by June 30, 2019 to the Governor and the General Assembly evaluating the degree to which tax exemptions and incentives offered under the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act, and the Electricity Excise Tax Law spur job growth and economic development. Directs the Department of Revenue to provide such information as the Department of Commerce and Economic Opportunity may request. Repeals the Section on June 30, 2020. Effective immediately.

Actions 
DateChamber Action
  2/15/2018SenateFiled with Secretary by Sen. Chris Nybo
  2/15/2018SenateFirst Reading
  2/15/2018SenateReferred to Assignments
  2/27/2018SenateAssigned to Energy and Public Utilities
  4/13/2018SenateRule 3-9(a) / Re-referred to Assignments
  11/15/2018SenateChief Sponsor Changed to Sen. William E. Brady
  1/9/2019SenateSession Sine Die

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