Bill Status of SB 805   103rd General Assembly


Short Description:  REVENUE-TECH

Senate Sponsors
Sen. Celina Villanueva, Adriane Johnson and Mary Edly-Allen

House Sponsors
(Rep. Jay Hoffman)


Last Action  View All Actions

DateChamber Action
  12/10/2023SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/101from Ch. 120, par. 1-101

Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
35 ILCS 5/101from Ch. 120, par. 1-101
Adds reference to:
35 ILCS 10/5-5
35 ILCS 10/5-15

Replaces everything after the enacting clause. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that, for Agreements that are executed on or after the effective date of the amendatory Act, "startup taxpayer" means a corporation, partnership, or other entity incorporated or organized no more than 10 years (currently, 5 years) before the filing of an application for an Agreement. Provides that an election to take the credit against withholding payments shall allow the credit to be taken against those payments during the first calendar quarter (currently, year) beginning after the end of the taxable quarter (currently, year) in which the credit is awarded.

House Committee Amendment No. 1
Adds reference to:
20 ILCS 655/5.5from Ch. 67 1/2, par. 609.1
220 ILCS 5/9-222.1A

Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill. Adds provisions amending the Illinois Enterprise Zone Act. Provides that certain businesses that intend to establish a new cultured cell material food production facility at a designated location in Illinois are considered High Impact Businesses. Amends the Public Utilities Act to make conforming changes.

House Floor Amendment No. 2
Deletes reference to:
20 ILCS 655/5.5from Ch. 67 1/2, par. 609.1
35 ILCS 10/5-5
35 ILCS 10/5-15
220 ILCS 5/9-222.1A
Adds reference to:
New Act
35 ILCS 5/203from Ch. 120, par. 2-203

Replaces everything after the enacting clause. Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenue Code of 1986. Amends the Illinois Income Tax Act. Creates a deduction for capital contributions that are made pursuant to a master development plan and that are included in the taxpayer's federal taxable income for the taxable year under Section 118 of the Internal Revenue Code. Effective immediately.

Actions 
DateChamber Action
  2/2/2023SenateFiled with Secretary by Sen. Don Harmon
  2/2/2023SenateFirst Reading
  2/2/2023SenateReferred to Assignments
  3/2/2023SenateAssigned to Executive
  3/9/2023SenateDo Pass Executive; 011-000-000
  3/9/2023SenatePlaced on Calendar Order of 2nd Reading March 10, 2023
  3/10/2023SenateSecond Reading
  3/10/2023SenatePlaced on Calendar Order of 3rd Reading March 21, 2023
  3/24/2023SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison
  3/24/2023SenateSenate Floor Amendment No. 1 Referred to Assignments
  3/28/2023SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  3/28/2023SenateChief Sponsor Changed to Sen. Julie A. Morrison
  3/30/2023SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000
  3/30/2023SenateRecalled to Second Reading
  3/30/2023SenateSenate Floor Amendment No. 1 Adopted; Morrison
  3/30/2023SenatePlaced on Calendar Order of 3rd Reading
  3/30/2023SenateThird Reading - Passed; 057-000-000
  3/30/2023SenateAdded as Co-Sponsor Sen. Adriane Johnson
  3/30/2023SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  3/31/2023HouseArrived in House
  3/31/2023HouseChief House Sponsor Rep. Emanuel "Chris" Welch
  4/5/2023HouseAlternate Chief Sponsor Changed to Rep. Diane Blair-Sherlock
  4/11/2023HouseFirst Reading
  4/11/2023HouseReferred to Rules Committee
  4/14/2023HouseAlternate Chief Sponsor Changed to Rep. Jennifer Gong-Gershowitz
  4/18/2023HouseAssigned to Revenue & Finance Committee
  4/20/2023HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Jennifer Gong-Gershowitz
  4/20/2023HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  4/25/2023HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  4/26/2023HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
  4/26/2023HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 019-000-000
  4/26/2023HousePlaced on Calendar 2nd Reading - Short Debate
  5/3/2023HouseSecond Reading - Short Debate
  5/3/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/12/2023HouseThird Reading/Final Action Deadline Extended-9(b) May 19, 2023
  5/19/2023HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2023
  5/31/2023HouseRule 19(a) / Re-referred to Rules Committee
  11/7/2023HouseApproved for Consideration Rules Committee; 004-000-000
  11/7/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/7/2023HouseAlternate Chief Sponsor Changed to Rep. Jay Hoffman
  11/7/2023HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Jay Hoffman
  11/7/2023HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  11/8/2023HouseHouse Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
  11/8/2023HouseHouse Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 018-000-000
  11/9/2023HouseRecalled to Second Reading - Short Debate
  11/9/2023HouseHouse Floor Amendment No. 2 Adopted
  11/9/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  11/9/2023House3/5 Vote Required
  11/9/2023HouseThird Reading - Short Debate - Passed 106-000-001
  11/9/2023SenateChief Sponsor Changed to Sen. Celina Villanueva
  11/9/2023SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2
  11/9/2023SenatePlaced on Calendar Order of Concurrence House Amendment(s) 2, 1 - November 9, 2023
  12/10/2023SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments

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