Bill Status of SB 3345   96th General Assembly


Short Description:  TAX-ENERGY FACILITIES

Senate Sponsors
Sen. James F. Clayborne, Jr.

Last Action  View All Actions

DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/219 new
35 ILCS 105/3-5
35 ILCS 110/3-5
35 ILCS 115/3-5
35 ILCS 120/2-5

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit equal to 10% of the amount spent during the taxable year on equipment purchased for use at an energy facility. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Restores specified tax exemptions beginning on the effective date of the amendatory Act. Amends the Property Tax Code to add a provision concerning real property taxes at energy facilities. Contains a nonacceleration clause. Contains a severability clause.

Actions 
DateChamber Action
  2/10/2010SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/10/2010SenateFirst Reading
  2/10/2010SenateReferred to Assignments
  2/24/2010SenateAssigned to Revenue
  3/8/2010SenateTo Revenue Subcommittee on Special Issues
  3/8/2010SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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