Illinois General Assembly - Bill Status for SB0472
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 Bill Status of SB0472  102nd General Assembly


Short Description:  EDGE TX CR-STARTUP TAXPAYERS

Senate Sponsors
Sen. Scott M. Bennett - Melinda Bush and Chapin Rose

House Sponsors
(Rep. Mark L. Walker - Keith R. Wheeler - Dave Vella - Lance Yednock - Mark Batinick)

Last Action
DateChamber Action
  5/15/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 10/5-5
35 ILCS 10/5-15
35 ILCS 10/5-20


Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain startup taxpayers are eligible to elect to claim the Credit against their obligation to pay over withholding taxes. Makes changes to the definition of "underserved area" to change certain references from the federal decennial census to the American Community Survey.

Actions 
DateChamber Action
  2/23/2021SenateFiled with Secretary by Sen. Scott M. Bennett
  2/23/2021SenateFirst Reading
  2/23/2021SenateReferred to Assignments
  3/3/2021SenateAssigned to Revenue
  3/3/2021SenateAdded as Co-Sponsor Sen. Melinda Bush
  3/10/2021SenateAdded as Chief Co-Sponsor Sen. Melinda Bush
  4/15/2021SenateDo Pass Revenue; 008-000-000
  4/15/2021SenatePlaced on Calendar Order of 2nd Reading April 20, 2021
  4/20/2021SenateSecond Reading
  4/20/2021SenatePlaced on Calendar Order of 3rd Reading April 21, 2021
  4/22/2021SenateAdded as Co-Sponsor Sen. Chapin Rose
  4/23/2021SenateThird Reading - Passed; 058-000-000
  4/26/2021HouseArrived in House
  4/26/2021HouseChief House Sponsor Rep. Mark L. Walker
  4/27/2021HouseFirst Reading
  4/27/2021HouseReferred to Rules Committee
  5/4/2021HouseAssigned to Revenue & Finance Committee
  5/4/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker
  5/4/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/5/2021HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  5/5/2021HouseAdded Alternate Chief Co-Sponsor Rep. Keith R. Wheeler
  5/5/2021HouseAdded Alternate Chief Co-Sponsor Rep. Dave Vella
  5/5/2021HouseAdded Alternate Chief Co-Sponsor Rep. Lance Yednock
  5/5/2021HouseAdded Alternate Chief Co-Sponsor Rep. Mark Batinick
  5/15/2021HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
  5/15/2021HouseRule 19(a) / Re-referred to Rules Committee

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