Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/224 new

65 ILCS 115/10-10.1

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that taxpayers are entitled to an income tax credit against the taxes imposed under the River Edge Redevelopment Zone Act equal to 100% of the reasonable and prudent costs incurred by a public utility. Provides that any amount of credit that exceeds a taxpayer's liabilities shall be refunded to the taxpayer. Amends the River Edge Redevelopment Zone Act. Restricts the amount of costs recovered by a public utility from retail customers to $5,000,000. Provides for a repeal date of July 1, 2020 (currently, July 29, 2017).

Actions 

Date	Chamber	Action
2/4/2014	Senate	Filed with Secretary by Sen. Linda Holmes
2/4/2014	Senate	First Reading
2/4/2014	Senate	Referred to Assignments
2/19/2014	Senate	Assigned to Revenue
2/25/2014	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Linda Holmes
2/25/2014	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2/26/2014	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
3/4/2014	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Linda Holmes
3/4/2014	Senate	Senate Committee Amendment No. 2 Referred to Assignments
3/5/2014	Senate	Senate Committee Amendment No. 2 Assignments Refers to Revenue
3/6/2014	Senate	Postponed - Revenue
3/20/2014	Senate	Senate Committee Amendment No. 3 Filed with Secretary by Sen. Linda Holmes
3/20/2014	Senate	Senate Committee Amendment No. 3 Referred to Assignments
3/20/2014	Senate	Senate Committee Amendment No. 3 Assignments Refers to Revenue
3/21/2014	Senate	Postponed - Revenue
3/21/2014	Senate	Senate Committee Amendment No. 1 Postponed - Revenue
3/21/2014	Senate	Senate Committee Amendment No. 2 Postponed - Revenue
3/21/2014	Senate	Senate Committee Amendment No. 3 Postponed - Revenue
3/27/2014	Senate	Postponed - Revenue
3/27/2014	Senate	Senate Committee Amendment No. 1 Postponed - Revenue
3/27/2014	Senate	Senate Committee Amendment No. 2 Postponed - Revenue
3/27/2014	Senate	Senate Committee Amendment No. 3 Postponed - Revenue
3/28/2014	Senate	Rule 3-9(a) / Re-referred to Assignments
3/28/2014	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
3/28/2014	Senate	Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
3/28/2014	Senate	Senate Committee Amendment No. 3 Rule 3-9(a) / Re-referred to Assignments
1/13/2015	Senate	Session Sine Die

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