Illinois General Assembly - Bill Status for HB2473
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 Bill Status of HB2473  101st General Assembly


Short Description:  PROMOTION-TOURISM-HOTEL OPERAT

House Sponsors
Rep. Kathleen A. Ryg - Barbara Flynn Currie - John E. Bradley - Kenneth Dunkin - Sidney H. Mathias, Careen M Gordon, Al Riley, Michael Tryon, Linda Chapa LaVia, William Davis, Greg Harris, Patricia Reid Lindner and Dave Winters

Senate Sponsors
(Sen. Don Harmon - Iris Y. Martinez - M. Maggie Crotty and Pamela J. Althoff)

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/212


Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the earned income tax credit.

House Floor Amendment No. 1
Deletes reference to:
35 ILCS 5/212
Adds reference to:
20 ILCS 665/4afrom Ch. 127, par. 200-24a
35 ILCS 145/6from Ch. 120, par. 481b.36

Deletes everything after the enacting clause. Amends the Illinois Promotion Act. Increases the amounts of certain transfers from the General Revenue Fund to the Tourism Promotion Fund. Amends the Hotel Operators' Occupation Tax Act. Provides that, each month, of the net revenue realized from the Hotel Operators' Occupation Tax Act during the preceding month: the amount equal to 12% (now, 8%) must be deposited into the Local Tourism Fund; the amount equal to 6% (now, 4.5%) must be deposited into the International Tourism Fund; and the amount equal to 1% must be deposited in the Local Planning Fund. Provides that 12% (now, 8%) of the net revenue realized from any tax imposed under provisions of the Chicago World's Fair-1992 Authority Act during the preceding month shall be deposited in the Local Tourism Fund. Effective immediately.

 Correctional Note, House Floor Amendment No. 1 (Dept of Corrections)
 Corrections Population Impact: None; Fiscal Impact: None; Fiscal Implications: None.

 Fiscal Note, House Floor Amendment No. 1 (Dept of Corrections)
 Corrections Population Impact: None; Fiscal Impact: None; Fiscal Implications: None.

 Correctional Note, House Floor Amendment No. 1 (Dept of Corrections)
 Corrections Population Impact: None; Fiscal Impact: None; Fiscal Implications: None.

 Fiscal Note, House Floor Amendment No. 1 (Dept. of Revenue)
 HB 2473 (H-AM 1) will reduce State revenues by approximately $26 million per year.

 Pension Note, House Floor Amendment No. 1 (Government Forecasting & Accountability)
 HB 2473 (H-AM 1) will not impact any public pension fund or retirement system in Illinois.

 State Debt Impact Note, House Floor Amendment No. 1 (Government Forecasting & Accountability)
 HB 2473 (H-AM 1) would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.

 Home Rule Note, House Floor Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
 This legislation does pre-empt home rule authority.

 State Mandates Fiscal Note, House Floor Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
 This legislation does not create a State mandate under the State Mandates Act.

 Fiscal Note, House Floor Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
 HB 2473 (H-AM 1) is estimated to have a fiscal impact of $26.6 million on the General Revenue Fund based on fiscal year 2007 revenue estimates. The fiscal impact in future years will be proportional to fluctuations in revenues.

 Judicial Note, House Floor Amendment No. 1 (Admin Office of the Illinois Courts)
 This legislation would neither increase nor decrease the number of judges needed in the judicial branch.

 Housing Affordability Impact Note, House Floor Amendment No. 1 (Housing Development Authority)
 This legislation will have no effect on constructing, purchasing, owning, or selling a single-family residence.

 Balanced Budget Note, House Floor Amendment No. 1 (Governor's Office of Mgmt & Budget)
 HB 2473 (H-AM 1) will significantly decrease revenues received into the General Revenue Fund, therefore leading to an unbalanced Fiscal Year 2008 budget.

Actions 
DateChamber Action
  2/26/2007HouseFiled with the Clerk by Rep. Michael J. Madigan
  2/26/2007HouseChief Co-Sponsor Rep. Barbara Flynn Currie
  2/26/2007HouseChief Co-Sponsor Rep. John E. Bradley
  2/26/2007HouseFirst Reading
  2/26/2007HouseReferred to Rules Committee
  3/1/2007HouseAssigned to Executive Committee
  3/14/2007HouseDo Pass / Short Debate Executive Committee; 013-000-000
  3/14/2007HousePlaced on Calendar 2nd Reading - Short Debate
  4/19/2007HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Kathleen A. Ryg
  4/19/2007HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/19/2007HouseChief Sponsor Changed to Rep. Kathleen A. Ryg
  4/20/2007HouseAdded Chief Co-Sponsor Rep. Kenneth Dunkin
  4/25/2007HouseHouse Floor Amendment No. 1 Rules Refers to Smart Growth & Regional Planning Committee
  4/26/2007HouseHouse Floor Amendment No. 1 Recommends Be Adopted Smart Growth & Regional Planning Committee; 009-000-000
  4/26/2007HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  4/26/2007HouseAdded Co-Sponsor Rep. Careen M Gordon
  4/26/2007HouseAdded Co-Sponsor Rep. Al Riley
  4/26/2007HouseAdded Co-Sponsor Rep. Michael Tryon
  4/26/2007HouseHouse Floor Amendment No. 1 Fiscal Note Requested as Amended by Rep. Chapin Rose
  4/26/2007HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  4/26/2007HouseSecond Reading - Short Debate
  4/26/2007HouseHouse Floor Amendment No. 1 Adopted by Voice Vote
  4/26/2007HouseHeld on Calendar Order of Second Reading - Short Debate
  4/27/2007HouseHouse Floor Amendment No. 1 Correctional Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Fiscal Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Correctional Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Fiscal Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Pension Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 State Debt Impact Note Filed as Amended
  4/27/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 3, 2007
  4/27/2007HouseHouse Floor Amendment No. 1 Home Rule Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 State Mandates Fiscal Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Fiscal Note Filed as Amended
  4/27/2007HouseHouse Floor Amendment No. 1 Judicial Note Filed as Amended
  4/30/2007HouseHouse Floor Amendment No. 1 Housing Affordability Impact Note Filed as Amended
  5/1/2007HouseAdded Co-Sponsor Rep. William Davis
  5/1/2007HouseAdded Co-Sponsor Rep. Greg Harris
  5/1/2007HouseAdded Co-Sponsor Rep. Patricia Reid Lindner
  5/2/2007HouseAdded Co-Sponsor Rep. Dave Winters
  5/2/2007HouseSecond Reading - Short Debate
  5/2/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/3/2007HouseHouse Floor Amendment No. 1 Balanced Budget Note Filed as Amended
  5/3/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 10, 2007
  5/10/2007HouseThird Reading/Final Action Deadline Extended-9(b) May 18, 2007
  5/15/2007HouseThird Reading - Short Debate - Passed 114-000-000
  5/16/2007SenateArrive in Senate
  5/16/2007SenatePlaced on Calendar Order of First Reading
  5/16/2007SenateChief Senate Sponsor Sen. Don Harmon
  5/16/2007SenateFirst Reading
  5/16/2007SenateReferred to Rules
  5/16/2007SenateAdded as Alternate Chief Co-Sponsor Sen. Iris Y. Martinez
  5/16/2007SenateAdded as Alternate Co-Sponsor Sen. Pamela J. Althoff
  5/16/2007SenateAdded as Alternate Chief Co-Sponsor Sen. M. Maggie Crotty
  5/15/2008SenateRule 2-10 Committee Deadline Established As May 22, 2008; Substantive House Bills Out of Committee
  1/13/2009HouseSession Sine Die

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