Illinois General Assembly - Bill Status for SB1232
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 Bill Status of SB1232  103rd General Assembly


Short Description:  SMALL BUSINESS CREDIT-RENEW

Senate Sponsors
Sen. Heather A. Steans - Thomas Cullerton - Ram Villivalam - Suzy Glowiak Hilton, Cristina Castro, Jennifer Bertino-Tarrant, Omar Aquino, Laura M. Murphy, Christopher Belt, Laura Ellman, Steve Stadelman, Ann Gillespie, Toi W. Hutchinson, Julie A. Morrison, Linda Holmes, Steven M. Landek, William E. Brady and John F. Curran

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 25/10
35 ILCS 25/25
35 ILCS 25/35


Synopsis As Introduced
Amends the Small Business Job Creation Tax Credit Act. Provides that the Act applies for a second set of incentive periods beginning on July 1, 2019 and ending on June 30, 2026. Provides that certain provisions concerning employees who had participated as worker-trainees in the Put Illinois to Work Program during 2010 do not apply to the second set of incentive periods. Provides that the term "basic wage" means not less than $15 per hour (currently, $10). Effective immediately.

Actions 
DateChamber Action
  2/6/2019SenateFiled with Secretary by Sen. Heather A. Steans
  2/6/2019SenateFirst Reading
  2/6/2019SenateReferred to Assignments
  2/6/2019SenateAdded as Chief Co-Sponsor Sen. Thomas Cullerton
  2/13/2019SenateAssigned to Revenue
  2/19/2019SenateAdded as Co-Sponsor Sen. Cristina Castro
  2/20/2019SenateAdded as Co-Sponsor Sen. Jennifer Bertino-Tarrant
  2/20/2019SenateAdded as Co-Sponsor Sen. Omar Aquino
  2/20/2019SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  2/20/2019SenateAdded as Chief Co-Sponsor Sen. Ram Villivalam
  2/20/2019SenateAdded as Chief Co-Sponsor Sen. Suzy Glowiak Hilton
  2/21/2019SenateTo Subcommittee on Tax Exemptions and Credits
  2/21/2019SenateAdded as Co-Sponsor Sen. Christopher Belt
  2/21/2019SenateAdded as Co-Sponsor Sen. Laura Ellman
  2/21/2019SenateAdded as Co-Sponsor Sen. Steve Stadelman
  3/7/2019SenateAdded as Co-Sponsor Sen. Ann Gillespie
  3/7/2019SenateAdded as Co-Sponsor Sen. Toi W. Hutchinson
  3/20/2019SenateReported Back To Revenue; 003-000-000
  3/20/2019SenatePostponed - Revenue
  3/22/2019SenateAdded as Co-Sponsor Sen. Julie A. Morrison
  3/22/2019SenateRule 2-10 Committee Deadline Established As March 28, 2019
  3/25/2019SenateAdded as Co-Sponsor Sen. Linda Holmes
  3/28/2019SenateRule 3-9(a) / Re-referred to Assignments
  4/12/2019SenateAdded as Co-Sponsor Sen. Steven M. Landek
  5/2/2019SenateAdded as Co-Sponsor Sen. William E. Brady
  7/1/2019SenateAdded as Co-Sponsor Sen. John F. Curran
  1/13/2021SenateSession Sine Die

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