Illinois General Assembly - Bill Status for HB1867
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 Bill Status of HB1867  102nd General Assembly

Short Description:  EDGE-DCEO-VARIOUS

House Sponsors
Rep. Michael J. Zalewski and Janet Yang Rohr

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 605/605-1055 new
20 ILCS 605/605-320 rep.
30 ILCS 750/Art. 11 rep.
35 ILCS 10/5-5
35 ILCS 10/5-10
35 ILCS 10/5-25
35 ILCS 10/5-70
35 ILCS 10/5-90
35 ILCS 10/5-40 rep.

Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.

DateChamber Action
  2/16/2021HouseFiled with the Clerk by Rep. Michael J. Zalewski
  2/17/2021HouseFirst Reading
  2/17/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Revenue & Finance Committee
  3/18/2021HouseTo Income Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  4/7/2022HouseAdded Co-Sponsor Rep. Janet Yang Rohr
  1/10/2023HouseSession Sine Die

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