2023-2024 Regular SessionIllinois Legislature

SB2075: DCEO-TAX CREDIT REPORT

Legislative Summary

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.

Bill History

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

Status Information

Current Status
Introduced(2/9/2023)
Chamber
Senate
Committee
Assignments(Senate)

Documents

Introduced
Bill Text2/9/202316.8 KB