Bill Status of SB2075  103rd General Assembly

Short Description:  DCEO-TAX CREDIT REPORT

Senate Sponsors
Sen. Seth Lewis, Javier L. Cervantes, Dave Syverson, Win Stoller, Andrew S. Chesney, Craig Wilcox, Sally J. Turner, Neil Anderson and Donald P. DeWitte

Last Action
DateChamber Action
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/234 new
35 ILCS 5/235 new
35 ILCS 5/240 new

Synopsis As Introduced
Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.

DateChamber Action
  2/9/2023SenateFiled with Secretary by Sen. Seth Lewis
  2/9/2023SenateFirst Reading
  2/9/2023SenateReferred to Assignments
  2/21/2023SenateAssigned to Revenue
  2/21/2023SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments
  3/28/2023SenateAdded as Co-Sponsor Sen. Dave Syverson
  3/29/2023SenateAdded as Co-Sponsor Sen. Win Stoller
  3/30/2023SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  4/17/2023SenateAdded as Co-Sponsor Sen. Craig Wilcox
  7/18/2023SenateAdded as Co-Sponsor Sen. Sally J. Turner
  1/10/2024SenateRe-assigned to Revenue
  1/26/2024SenateAdded as Co-Sponsor Sen. Neil Anderson
  2/7/2024SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
  3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024
  4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments