Illinois General Assembly - Bill Status for HB4634
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB4634  102nd General Assembly


Short Description:  INC TX-MICROCHIPS

House Sponsors
Rep. Tim Butler

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/238 new
35 ILCS 5/239 new
35 ILCS 5/704A
35 ILCS 120/5n new
35 ILCS 200/18-184.20 new
35 ILCS 630/2from Ch. 120, par. 2002
35 ILCS 640/2-4
220 ILCS 5/9-222from Ch. 111 2/3, par. 9-222


Synopsis As Introduced
Creates the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Creates the Manufacturing Illinois Chips for Real Opportunity (MICRO) Program to be administered by the Department of Commerce and Economic Opportunity. Creates various tax incentives for manufacturers of semiconductors, microchips, or semiconductor or microchip component parts, subject to an agreement with the Department of Commerce and Economic Opportunity. Amends the Illinois Income Tax Act, the Retailers' Occupation Tax Act, the Property Tax Code, the Telecommunications Excise Tax Act, the Electricity Excise Tax Law, and the Public Utilities Act. Effective immediately.

Actions 
DateChamber Action
  1/19/2022HouseFiled with the Clerk by Rep. Tim Butler
  1/21/2022HouseFirst Reading
  1/21/2022HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Back To Top