Date	Chamber	Action
1/10/2017	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/221

215 ILCS 5/409.1 new

Synopsis As Introduced
Amends the Illinois Income Tax Act and the Illinois Insurance Code. Provides that all or a portion of the income tax credit awarded for the restoration and preservation of a qualified historic structure located in a River Edge Redevelopment Zone may instead be taken as a credit against privilege and retaliatory taxes paid under the Illinois Insurance Code. Provides that the Historic Preservation Agency may issue a certification to the taxpayer stating that, if the project is completed as proposed, the project will qualify for the credits. Contains provisions concerning transfers of credits. Provides that the credit may be carried forward. Provides that the credit sunsets on January 1, 2022 (currently, January 1, 2017). Effective immediately.

Actions 

Date	Chamber	Action
2/20/2015	Senate	Filed with Secretary by Sen. Steve Stadelman
2/20/2015	Senate	Chief Co-Sponsor Sen. Dave Syverson
2/20/2015	Senate	First Reading
2/20/2015	Senate	Referred to Assignments
2/20/2015	Senate	Added as Chief Co-Sponsor Sen. Linda Holmes
2/20/2015	Senate	Added as Chief Co-Sponsor Sen. Michael Noland
2/20/2015	Senate	Added as Chief Co-Sponsor Sen. David Koehler
3/3/2015	Senate	Added as Co-Sponsor Sen. Pamela J. Althoff
3/4/2015	Senate	Added as Co-Sponsor Sen. James F. Clayborne, Jr.
3/11/2015	Senate	Assigned to Revenue
3/11/2015	Senate	Added as Co-Sponsor Sen. John M. Sullivan
3/13/2015	Senate	Added as Co-Sponsor Sen. Darin M. LaHood
3/19/2015	Senate	To Subcommittee on Tax Credits
3/25/2015	Senate	Added as Co-Sponsor Sen. Karen McConnaughay
3/27/2015	Senate	Rule 2-10 Committee Deadline Established As April 24, 2015
4/24/2015	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
5/15/2015	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
10/10/2015	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
3/8/2016	Senate	Re-assigned to Executive
3/9/2016	Senate	Added as Co-Sponsor Sen. Chuck Weaver
4/8/2016	Senate	Rule 2-10 Committee Deadline Established As April 22, 2016
4/22/2016	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
5/13/2016	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 27, 2016
5/27/2016	Senate	Rule 3-9(a) / Re-referred to Assignments
1/10/2017	Senate	Session Sine Die

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