Illinois General Assembly - Bill Status for SB 7

Creates the Health Care Enterprise Zone Act. Provides that the Department of Public Health may certify certain areas in the State suffering from a shortage of medical services as health care enterprise zones or specialty shortage zones. Provides that, for the taxable years ending on or after December 31, 2006, a health care professional who practices at least 50% of the year in an area of Illinois that has been certified as a health care enterprise zone or as a specialty shortage zone may apply to the Department requesting a certification of an income tax credit. Sets forth the amounts of the credit. Sets forth conditions for the revocation of benefits under the Act. Amends the Illinois Income Tax Act to create the income tax credit certified under the Health Care Enterprise Zone Act. Amends the Property Tax Code. Provides that taxing districts may abate the property taxes for the property of any facility operated by a health care professional as part of his or her practice in a health care enterprise zone or specialty shortage zone certified under the Health Care Enterprise Zone Act. Provides that the aggregate amount of abated taxes for all taxing districts in any county may not exceed $5,000,000 per year.

Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Date	Chamber	Action
1/26/2005	Senate	Filed with Secretary by Sen. James F. Clayborne, Jr.
1/26/2005	Senate	Chief Co-Sponsor Sen. William R. Haine
1/26/2005	Senate	First Reading
1/26/2005	Senate	Referred to Rules
2/3/2005	Senate	Assigned to Commerce & Economic Development
3/3/2005	Senate	Postponed - Commerce & Economic Development
3/3/2005	Senate	Added as Chief Co-Sponsor Sen. Kwame Raoul
3/3/2005	Senate	Added as Co-Sponsor Sen. Martin A. Sandoval
3/3/2005	Senate	Added as Co-Sponsor Sen. Deanna Demuzio
3/9/2005	Senate	Do Pass Commerce & Economic Development; 008-000-000
3/9/2005	Senate	Placed on Calendar Order of 2nd Reading March 10, 2005
3/10/2005	Senate	Fiscal Note Filed from the Commission on Government Forecasting and Accountability.
3/15/2005	Senate	Added as Chief Co-Sponsor Sen. Susan Garrett
4/8/2005	Senate	Added as Co-Sponsor Sen. Ira I. Silverstein
4/8/2005	Senate	Added as Co-Sponsor Sen. Jacqueline Y. Collins
4/8/2005	Senate	Added as Co-Sponsor Sen. Iris Y. Martinez
4/8/2005	Senate	Added as Co-Sponsor Sen. Terry Link
4/11/2005	Senate	Second Reading
4/11/2005	Senate	Placed on Calendar Order of 3rd Reading April 12, 2005
4/14/2005	Senate	Third Reading - Passed; 037-021-000
4/14/2005	House	Arrived in House
4/14/2005	House	Placed on Calendar Order of First Reading
4/15/2005	House	Chief House Sponsor Rep. Dan Reitz
4/15/2005	House	First Reading
4/15/2005	House	Referred to Rules Committee
4/20/2005	House	Assigned to Executive Committee
4/27/2005	Senate	Added as Co-Sponsor Sen. Mattie Hunter
4/28/2005	House	Added Alternate Chief Co-Sponsor Rep. Patricia Bailey
4/28/2005	House	Added Alternate Co-Sponsor Rep. Robin Kelly
4/28/2005	House	Added Alternate Chief Co-Sponsor Rep. Kurt M. Granberg
5/4/2005	House	Added Alternate Chief Co-Sponsor Rep. Eddie Washington
5/5/2005	House	Alternate Chief Sponsor Changed to Rep. Daniel V. Beiser
5/5/2005	House	Added Alternate Chief Co-Sponsor Rep. John E. Bradley
5/5/2005	House	Added Alternate Co-Sponsor Rep. Dan Reitz
5/5/2005	House	Added Alternate Co-Sponsor Rep. Monique D. Davis
5/5/2005	House	Added Alternate Co-Sponsor Rep. Mike Boland
5/12/2005	House	Added Alternate Co-Sponsor Rep. Careen M Gordon
5/13/2005	House	Rule 19(a) / Re-referred to Rules Committee
5/17/2005	House	Added Alternate Co-Sponsor Rep. Lisa M. Dugan
1/9/2007	Senate	Session Sine Die

	Fiscal Note (Commission on Gov't Forecasting and Accountability)
	Senate Bill 7 would reduce State corporate income tax revenues by an amount that cannot be determined due to the creation of the Health Care Enterprise Zone income tax credit. Senate Bill 7 could also reduce local property tax revenues due to the provision that would allow an abatement of property taxes in health care enterprise zones.