Bill Status of SB 3723   97th General Assembly

Short Description:  INC TX-CREDIT FOR GREEN POWER

Senate Sponsors
Sen. Don Harmon

Last Action  View All Actions

DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/223 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit for taxpayers who make a purchase of green power during the taxable year. Provides that the credit shall be in an amount equal to 5% of the amount expended if the taxpayer is a purchaser of Illinois-based green power and 3% of the amount expended if the taxpayer is a purchaser of green power from a source outside of Illinois. Defines "green power" as electricity or natural gas produced from renewable or non-polluting technologies including, but not limited to, air turbines (windmills), geothermal power plants, hydropower plants, solar cells or biomass. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Provides that the credit applies to taxpayers who purchase green energy either individually or through a municipal aggregation program. Requires green energy suppliers to provide certain verifications to the green energy customer. Makes changes concerning definitions. Effective immediately.

Actions 
DateChamber Action
  2/10/2012SenateFiled with Secretary by Sen. Don Harmon
  2/10/2012SenateFirst Reading
  2/10/2012SenateReferred to Assignments
  2/24/2012SenateAssigned to Revenue
  3/2/2012SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
  3/2/2012SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/6/2012SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
  3/8/2012SenateSenate Committee Amendment No. 1 To Revenue Subcommittee on Tax Credits
  3/8/2012SenateTo Revenue Subcommittee on Tax Credits
  3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012
  3/30/2012SenateRule 2-10 Committee/3rd Reading Deadline Established As April 26, 2012
  4/26/2012SenateRule 2-10 Committee/3rd Reading Deadline Established As May 11, 2012
  5/2/2012SenateSenate Committee Amendment No. 1 Reported Back To Revenue; 003-000-000
  5/2/2012SenateReported Back To Revenue; 002-000-001
  5/2/2012SenateSenate Committee Amendment No. 1 Adopted
  5/2/2012SenateDo Pass as Amended Revenue; 006-003-000
  5/2/2012SenatePlaced on Calendar Order of 2nd Reading May 3, 2012
  5/11/2012SenateRule 2-10 Third Reading Deadline Established As May 25, 2012
  5/17/2012SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
  5/17/2012SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/17/2012SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
  5/23/2012SenateSenate Floor Amendment No. 2 Postponed - Revenue
  7/1/2012SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  7/1/2012SenateSenate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b).
  1/8/2013SenateSession Sine Die

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