SB3067 - 104th General Assembly (2025-2026)

NEW MARKETS-CREDITS
Last Action
2/10/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Christopher Belt
Statutes Amended In Order of Appearance
20 ILCS 663/15  
20 ILCS 663/20  
20 ILCS 663/25  
20 ILCS 663/50  
Synopsis As Introduced
Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
Actions
DateChamberAction
1/29/2026SenateFiled with Secretary by Sen. Christopher Belt
1/29/2026SenateFirst Reading
1/29/2026SenateReferred to Assignments
2/10/2026SenateAssigned to Revenue