Illinois General Assembly - Bill Status for SB2885

Synopsis As Introduced
Creates the Business Location Efficiency Incentive Act. Authorizes companies applying to the Department of Commerce and Economic Opportunity for certain economic development assistance tax credits to seek increased or extended tax credits if (i) the company's proposed project site is located in an area that capitalizes upon affordable workforce housing or accessible mass transit, (ii) the company submits to the Department an approved remediation plan to improve housing or access to mass transit, or (iii) the company's project is located in labor surplus areas. Provides for the Department's awarding of such incentives. Repeals the Act on December 31, 2011. Effective January 1, 2007.

Senate Committee Amendment No. 1
Authorizes (now, requires) the Department to award the incentives.

Actions

Date	Chamber	Action
1/20/2006	Senate	Filed with Secretary by Sen. Terry Link
1/20/2006	Senate	First Reading
1/20/2006	Senate	Referred to Rules
2/1/2006	Senate	Assigned to Commerce & Economic Development
2/1/2006	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link
2/1/2006	Senate	Senate Committee Amendment No. 1 Referred to Rules
2/7/2006	Senate	Senate Committee Amendment No. 1 Rules Refers to Commerce & Economic Development
2/16/2006	Senate	Senate Committee Amendment No. 1 Adopted
2/16/2006	Senate	Do Pass as Amended Commerce & Economic Development; 010-000-000
2/16/2006	Senate	Placed on Calendar Order of 2nd Reading February 22, 2006
2/16/2006	Senate	Added as Chief Co-Sponsor Sen. Martin A. Sandoval
2/22/2006	Senate	Second Reading
2/22/2006	Senate	Placed on Calendar Order of 3rd Reading February 23, 2006
2/27/2006	Senate	Added as Co-Sponsor Sen. Pamela J. Althoff
2/27/2006	Senate	Added as Chief Co-Sponsor Sen. Iris Y. Martinez
2/27/2006	Senate	Third Reading - Passed; 052-000-000
2/27/2006	House	Arrived in House
2/27/2006	House	Placed on Calendar Order of First Reading
2/27/2006	House	Chief House Sponsor Rep. Kathleen A. Ryg
2/28/2006	House	First Reading
2/28/2006	House	Referred to Rules Committee
3/8/2006	House	Assigned to International Trade & Commerce Committee
3/15/2006	House	Do Pass / Short Debate International Trade & Commerce Committee; 016-000-000
3/16/2006	House	Placed on Calendar 2nd Reading - Short Debate
3/16/2006	House	Added Alternate Chief Co-Sponsor Rep. Robin Kelly
3/16/2006	House	Added Alternate Chief Co-Sponsor Rep. Lisa M. Dugan
3/16/2006	House	Added Alternate Chief Co-Sponsor Rep. Linda Chapa LaVia
3/16/2006	House	Added Alternate Chief Co-Sponsor Rep. William Davis
3/16/2006	House	Added Alternate Co-Sponsor Rep. Mary E. Flowers
3/28/2006	House	Second Reading - Short Debate
3/28/2006	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/31/2006	House	Final Action Deadline Extended-9(b) April 7, 2006
4/3/2006	House	Added Alternate Co-Sponsor Rep. John A. Fritchey
4/3/2006	House	Added Alternate Co-Sponsor Rep. Karen May
4/3/2006	House	Added Alternate Co-Sponsor Rep. Barbara Flynn Currie
4/3/2006	House	Third Reading - Short Debate - Passed 108-001-000
4/3/2006	Senate	Passed Both Houses
4/5/2006	House	Added Alternate Co-Sponsor Rep. Charles E. Jefferson
4/6/2006	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
4/6/2006	Senate	Added as Co-Sponsor Sen. James T. Meeks
5/2/2006	Senate	Sent to the Governor
6/30/2006	Senate	Governor Approved
6/30/2006	Senate	Effective Date January 1, 2007
6/30/2006	Senate	Public Act . . . . . . . . . 94-0966

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