Date	Chamber	Action
1/7/2025	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/101

from Ch. 120, par. 1-101

Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1

	Deletes reference to:
	35 ILCS 5/101	from Ch. 120, par. 1-101

	Adds reference to:
	35 ILCS 10/5-5

35 ILCS 10/5-15

Replaces everything after the enacting clause. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that, for Agreements that are executed on or after the effective date of the amendatory Act, "startup taxpayer" means a corporation, partnership, or other entity incorporated or organized no more than 10 years (currently, 5 years) before the filing of an application for an Agreement. Provides that an election to take the credit against withholding payments shall allow the credit to be taken against those payments during the first calendar quarter (currently, year) beginning after the end of the taxable quarter (currently, year) in which the credit is awarded.

House Committee Amendment No. 1

	Adds reference to:
	20 ILCS 655/5.5	from Ch. 67 1/2, par. 609.1

220 ILCS 5/9-222.1A

Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill. Adds provisions amending the Illinois Enterprise Zone Act. Provides that certain businesses that intend to establish a new cultured cell material food production facility at a designated location in Illinois are considered High Impact Businesses. Amends the Public Utilities Act to make conforming changes.

House Floor Amendment No. 2

	Deletes reference to:
	20 ILCS 655/5.5	from Ch. 67 1/2, par. 609.1

35 ILCS 10/5-5

35 ILCS 10/5-15

220 ILCS 5/9-222.1A

	Adds reference to:
	New Act

35 ILCS 5/203

from Ch. 120, par. 2-203

Replaces everything after the enacting clause. Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenue Code of 1986. Amends the Illinois Income Tax Act. Creates a deduction for capital contributions that are made pursuant to a master development plan and that are included in the taxpayer's federal taxable income for the taxable year under Section 118 of the Internal Revenue Code. Effective immediately.

Actions 

Date	Chamber	Action
2/2/2023	Senate	Filed with Secretary by Sen. Don Harmon
2/2/2023	Senate	First Reading
2/2/2023	Senate	Referred to Assignments
3/2/2023	Senate	Assigned to Executive
3/9/2023	Senate	Do Pass Executive; 011-000-000
3/9/2023	Senate	Placed on Calendar Order of 2nd Reading March 10, 2023
3/10/2023	Senate	Second Reading
3/10/2023	Senate	Placed on Calendar Order of 3rd Reading March 21, 2023
3/24/2023	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison
3/24/2023	Senate	Senate Floor Amendment No. 1 Referred to Assignments
3/28/2023	Senate	Senate Floor Amendment No. 1 Assignments Refers to Revenue
3/28/2023	Senate	Chief Sponsor Changed to Sen. Julie A. Morrison
3/30/2023	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000
3/30/2023	Senate	Recalled to Second Reading
3/30/2023	Senate	Senate Floor Amendment No. 1 Adopted; Morrison
3/30/2023	Senate	Placed on Calendar Order of 3rd Reading
3/30/2023	Senate	Third Reading - Passed; 057-000-000
3/30/2023	Senate	Added as Co-Sponsor Sen. Adriane Johnson
3/30/2023	Senate	Added as Co-Sponsor Sen. Mary Edly-Allen
3/31/2023	House	Arrived in House
3/31/2023	House	Chief House Sponsor Rep. Emanuel "Chris" Welch
4/5/2023	House	Alternate Chief Sponsor Changed to Rep. Diane Blair-Sherlock
4/11/2023	House	First Reading
4/11/2023	House	Referred to Rules Committee
4/14/2023	House	Alternate Chief Sponsor Changed to Rep. Jennifer Gong-Gershowitz
4/18/2023	House	Assigned to Revenue & Finance Committee
4/20/2023	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jennifer Gong-Gershowitz
4/20/2023	House	House Committee Amendment No. 1 Referred to Rules Committee
4/25/2023	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
4/26/2023	House	House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
4/26/2023	House	Do Pass as Amended / Short Debate Revenue & Finance Committee; 019-000-000
4/26/2023	House	Placed on Calendar 2nd Reading - Short Debate
5/3/2023	House	Second Reading - Short Debate
5/3/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/12/2023	House	Third Reading/Final Action Deadline Extended-9(b) May 19, 2023
5/19/2023	House	Third Reading/Final Action Deadline Extended-9(b) May 31, 2023
5/31/2023	House	Rule 19(a) / Re-referred to Rules Committee
11/7/2023	House	Approved for Consideration Rules Committee; 004-000-000
11/7/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
11/7/2023	House	Alternate Chief Sponsor Changed to Rep. Jay Hoffman
11/7/2023	House	House Floor Amendment No. 2 Filed with Clerk by Rep. Jay Hoffman
11/7/2023	House	House Floor Amendment No. 2 Referred to Rules Committee
11/8/2023	House	House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
11/8/2023	House	House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 018-000-000
11/9/2023	House	Recalled to Second Reading - Short Debate
11/9/2023	House	House Floor Amendment No. 2 Adopted
11/9/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
11/9/2023	House	3/5 Vote Required
11/9/2023	House	Third Reading - Short Debate - Passed 106-000-001
11/9/2023	Senate	Chief Sponsor Changed to Sen. Celina Villanueva
11/9/2023	Senate	Secretary's Desk - Concurrence House Amendment(s) 1, 2
11/9/2023	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 2, 1 - November 9, 2023
12/10/2023	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
1/7/2025	Senate	Session Sine Die

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