Bill Status of SB 2748   99th General Assembly


Short Description:  EDGE-INSURANCE

Senate Sponsors
Sen. Karen McConnaughay

Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/211
35 ILCS 10/5-5
35 ILCS 10/5-15
35 ILCS 10/5-45
215 ILCS 5/405.1 new

Synopsis As Introduced
Amends the Illinois Income Tax Act and the Economic Development for a Growing Economy Tax Credit Act. Authorizes taxpayers to sell, assign, or transfer credits awarded under the Economic Development for a Growing Economy Tax Credit Act. Provides that credits awarded under the Economic Development for a Growing Economy Tax Credit Act may also be taken against privilege and retaliatory taxes paid under the Illinois Insurance Code. Amends the Illinois Insurance Code to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  2/16/2016SenateFiled with Secretary by Sen. Karen McConnaughay
  2/16/2016SenateFirst Reading
  2/16/2016SenateReferred to Assignments
  2/24/2016SenateAssigned to Revenue
  3/10/2016SenateTo Subcommittee on Special Issues (RV)
  4/8/2016SenateRule 2-10 Committee Deadline Established As April 22, 2016
  4/22/2016SenateRule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
  5/13/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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