Illinois General Assembly - Bill Status for SB1359

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Bill Status of SB1359 97th General Assembly

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Short Description: INC TX-EDGE WITHHOLDING

Senate Sponsors
Sen. Carole Pankau

Last Action

Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 10/5-15

Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that, on and after the effective date of the amendatory Act, any Taxpayer that is awarded a credit under the Act may elect to claim the Credit against its withholding tax obligations (now, only certain taxpayers that are engaged in motor vehicle metal stamping, automobile manufacturing, automobile and light duty motor vehicle manufacturing, motor vehicle manufacturing, light truck and utility vehicle manufacturing, heavy duty truck manufacturing, or motor vehicle body manufacturing may claim the credit against withholdings). Effective immediately.

Actions

Date	Chamber	Action
2/8/2011	Senate	Filed with Secretary by Sen. Carole Pankau
2/8/2011	Senate	First Reading
2/8/2011	Senate	Referred to Assignments
2/23/2011	Senate	Assigned to Revenue
3/3/2011	Senate	To Revenue Subcommittee on Tax Credits
3/18/2011	Senate	Rule 2-10 Committee Deadline Established As April 8, 2011
4/8/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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