<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1526   </title>
<shortdesc>REVENUE-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Lou Lang-John E. Bradley-John A. Fritchey-Marlow H. Colvin, Patricia R. Bellock, Mark L. Walker, Kevin A. McCarthy, Randy Ramey, Jr., Mike Fortner, Brandon W. Phelps, Patrick J. Verschoore, Franco Coladipietro, Darlene J. Senger, Dennis M. Reboletti, Michael W. Tryon, Sandra M. Pihos, Fred Crespo, Jack D. Franks, Al Riley, Elizabeth Coulson, Kay Hatcher, Timothy L. Schmitz, Sandy Cole, Mark H. Beaubien, Jr., Sidney H. Mathias, Suzanne Bassi, Jim Durkin, Donald L. Moffitt and Renée Kosel</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Louis S. Viverito-Toi W. Hutchinson-Terry Link-Dan Cronin-Kirk W. Dillard, David Koehler, Bill Brady, Chris Lauzen, Jeffrey M. Schoenberg, Emil Jones, III, Mattie Hunter and Dan Kotowski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>12/14/2009</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 96-0834</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 10/5-3</reference><aliasreference></aliasreference><SynopsisText>     Amends the Economic Development for a Growing Economy Tax Credit Act. Makes a technical change in a Section concerning the purpose of the Act.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 10/5-3</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>35 ILCS 5/704A</reference><aliasreference></aliasreference><reference>35 ILCS 10/5-15</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain taxpayers may elect to claim the credit awarded under the Act as an offset to the taxpayer's withholding tax liability. Amends the Illinois Income Tax Act to make conforming changes. Provides that the taxpayer may not enter into an agreement with any State agency to receive any other form of financial assistance or incentive from the State during the term of the EDGE Agreement. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 3</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that taxpayers that primarily engage in: motor vehicle metal stamping, automobile manufacturing, automobile and light duty motor vehicle manufacturing, motor vehicle manufacturing, light truck and utility vehicle manufacturing, or motor vehicle body manufacturing may elect to claim the EDGE credit as an offset to the taxpayer's withholding tax liability if (a) the taxpayer (i) had an Illinois net loss or an Illinois net loss deduction for the taxable year in which the Credit is awarded, (ii) employed a minimum of 1,000 full-time employees in this State during the taxable year in which the Credit is awarded, and (iii) has an EDGE agreement in effect on the effective date of the amendatory Act and is in compliance with the terms of that agreement; or (b) the taxpayer had an Illinois net loss or an Illinois net loss deduction for the taxable year in which the Credit is awarded, (ii) employed a minimum of 1,000 full-time employees in this State during the taxable year in which the Credit is awarded, and (iii) has applied for an EDGE agreement within 180 days after the effective date of the amendatory Act. Provides that the election is irrevocable. Provides that, if a taxpayer elects to claim the credit as an offset to withholdings under item (a), then, on and after the date of the election, the terms of the EDGE Agreement between the taxpayer and the Department may not be further amended during the term of the Agreement. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/17/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Madigan</action>
<statusdate>2/17/2009</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>2/17/2009</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. John E. Bradley</action>
<statusdate>2/18/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/19/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Moved to Suspend Rule 25 Rep. Barbara Flynn Currie</action>
<statusdate>3/3/2009</statusdate><chamber>House</chamber><action>Suspend Rule 25 - Prevailed</action>
<statusdate>3/4/2009</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  010-000-000</action>
<statusdate>3/4/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>9/30/2009</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) November 30, 2009</action>
<statusdate>9/30/2009</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  003-000-000</action>
<statusdate>10/5/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>10/8/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>10/8/2009</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Lou Lang</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Lou Lang</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Michael G. Connelly</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. John A. Fritchey</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark L. Walker</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin A. McCarthy</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Randy Ramey, Jr.</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Fortner</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brandon W. Phelps</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick J. Verschoore</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Franco Coladipietro</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Darlene J. Senger</action>
<statusdate>10/15/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dennis M. Reboletti</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Revenue &amp; Finance Committee;  010-000-000</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Rules Committee;  004-000-000</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Remove Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael W. Tryon</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandra M. Pihos</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Fred Crespo</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Al Riley</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Withdrawn by Rep. Lou Lang</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted by Voice Vote</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 114-000-001</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kay Hatcher</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Timothy L. Schmitz</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandy Cole</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark H. Beaubien, Jr.</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Suzanne Bassi</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Durkin</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Donald L. Moffitt</action>
<statusdate>10/16/2009</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Renée Kosel</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As December 31, 2009</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Louis S. Viverito</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Terry Link</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Dan Cronin</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>10/16/2009</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Louis S. Viverito</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. David Koehler</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Bill Brady</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Chris Lauzen</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Held in Revenue</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  010-000-000</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading October 28, 2009</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Alternate Chief Sponsor Changed to Sen. Edward D. Maloney</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>10/28/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading October 29, 2009</action>
<statusdate>10/29/2009</statusdate><chamber>Senate</chamber><action>Alternate Chief Sponsor Changed to Sen. Louis S. Viverito</action>
<statusdate>10/29/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Louis S. Viverito</action>
<statusdate>10/29/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Filed with Secretary by Sen. Louis S. Viverito</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Referred to Assignments</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Assignments Refers to Revenue</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Recommend Do Adopt Revenue;  008-000-000</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Adopted; Viverito</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Jeffrey M. Schoenberg</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Emil Jones, III</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Dan Kotowski</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)</action>
<statusdate>10/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 3</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 3 Motion Filed Concur Rep. Lou Lang</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee;  004-000-000</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 3 House Concurs 105-000-000</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Remove Chief Co-Sponsor Rep. Michael G. Connelly</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Marlow H. Colvin</action>
<statusdate>10/30/2009</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>11/9/2009</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>12/14/2009</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>12/14/2009</statusdate><chamber>House</chamber><action>Effective Date December 14, 2009</action>
<statusdate>12/14/2009</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 96-0834</action>
</actions>
</xml>

