Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/203

from Ch. 120, par. 2-203

35 ILCS 5/218 new

Synopsis As Introduced
Creates the Advance Science Zones Act. Sets forth procedures for the Department of Commerce and Economic Opportunity to certify areas in the State as Advanced Science Zones. Sets forth procedures for the administration of the Zones. Requires the Department to establish several programs with respect to the Zones including a loan program, a financial-assistance program, a transferable investment tax credit, and a tax-deduction certification. Contains other provisions. Amends the Illinois Income Tax Act to make corresponding changes concerning the tax credits and deductions. Effective immediately.

Senate Committee Amendment No. 1
Makes a technical correction.

Senate Committee Amendment No. 2
In the Advance Science Zones Act, deletes a provision concerning the State Treasurer's investment of moneys in the Advanced Sciences Zone Loan Fund.

Actions 

Date	Chamber	Action
2/9/2007	Senate	Filed with Secretary by Sen. Michael Bond
2/9/2007	Senate	First Reading
2/9/2007	Senate	Referred to Rules
2/21/2007	Senate	Assigned to Commerce and Economic Development
2/28/2007	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Bond
2/28/2007	Senate	Senate Committee Amendment No. 1 Referred to Rules
3/2/2007	Senate	Postponed - Commerce and Economic Development
3/2/2007	Senate	Added as Chief Co-Sponsor Sen. Martin A. Sandoval
3/7/2007	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Michael Bond
3/7/2007	Senate	Senate Committee Amendment No. 2 Referred to Rules
3/7/2007	Senate	Senate Committee Amendment No. 1 Rules Refers to Commerce and Economic Development
3/7/2007	Senate	Senate Committee Amendment No. 2 Rules Refers to Commerce and Economic Development
3/8/2007	Senate	Postponed - Commerce and Economic Development
3/15/2007	Senate	Senate Committee Amendment No. 1 Adopted
3/15/2007	Senate	Senate Committee Amendment No. 2 Adopted
3/15/2007	Senate	Do Pass as Amended Commerce and Economic Development; 009-000-000
3/15/2007	Senate	Placed on Calendar Order of 2nd Reading March 20, 2007
3/29/2007	Senate	Added as Co-Sponsor Sen. Mike Jacobs
12/3/2007	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Rules
1/13/2009	Senate	Session Sine Die

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