Bill Status of SB3067

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SB3067 - 104th General Assembly

NEW MARKETS-CREDITS
Last Action
2/10/2026 - Senate: Assigned to Revenue
Statutes Amended In Order of Appearance
20 ILCS 663/15
20 ILCS 663/20
20 ILCS 663/25
20 ILCS 663/50
Synopsis As Introduced
Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
Actions
Date Chamber Action
1/29/2026 Senate Filed with Secretary by Sen. Christopher Belt
1/29/2026 Senate First Reading
1/29/2026 Senate Referred to Assignments
2/10/2026 Senate Assigned to Revenue
2/25/2026 Senate Added as Co-Sponsor Sen. John F. Curran
2/25/2026 Senate Added as Co-Sponsor Sen. David Koehler
2/26/2026 Senate Added as Co-Sponsor Sen. Donald P. DeWitte
3/10/2026 Senate Added as Co-Sponsor Sen. Javier L. Cervantes
3/13/2026 Senate Rule 2-10 Committee Deadline Established As April 24, 2026