Illinois General Assembly - Bill Status for SB0029
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 Bill Status of SB0029  102nd General Assembly


Short Description:  REVENUE-GREEN ENERGY

Senate Sponsors
Sen. Melinda Bush, Sue Rezin, David Koehler, Ann Gillespie, Laura Fine, Laura Ellman, Suzy Glowiak Hilton, Laura M. Murphy and Cristina Castro

House Sponsors
(Rep. Joyce Mason and Jonathan "Yoni" Pizer)

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act
5 ILCS 100/5-45from Ch. 127, par. 1005-45
30 ILCS 105/5.891 new
30 ILCS 805/8.43 new
35 ILCS 5/201from Ch. 120, par. 2-201
35 ILCS 120/5k-1 new
65 ILCS 5/8-11-2from Ch. 24, par. 8-11-2
220 ILCS 5/9-221from Ch. 111 2/3, par. 9-221
220 ILCS 5/9-222from Ch. 111 2/3, par. 9-222
220 ILCS 5/9-222.1b new


Synopsis As Introduced
Creates the Illinois Energy Transition Zone Act. Provides for the certification by the Department of Commerce and Economic Opportunity of municipal ordinances designating an area as an Energy Transition Zone. Provides that green energy enterprises located in Energy Transition Zones shall be eligible to apply for certain tax incentives. Provides that a green energy enterprise is a company that is engaged in the production of solar energy, wind energy, water energy, geothermal energy, bioenergy, or hydrogen fuel and cells. Contains provisions concerning qualifications and applications. Creates the Energy Transition Tax Credit Act. Provides that the Department of Commerce and Economic Opportunity shall make income tax credit awards under the Act to foster job creation and the development of green energy in Energy Transition Zones. Amends the Illinois Income Tax Act, the Retailers' Occupation Tax Act, and the Public Utilities Act to make conforming changes concerning tax incentives. Effective immediately.

Senate Floor Amendment No. 1
In provisions creating the Energy Transition Tax Credit Act, removes language concerning the use of the credit as a tax payment by a pass through entity. Provides that the credit is exempt from the automatic sunset provision of the Illinois Income Tax Act. Provides that the credit may be applied in more than 10 taxable years but not more than 15 taxable years for an eligible green energy enterprise that qualifies under the Energy Transition Tax Credit Act and the Corporate Headquarters Relocation Act and undertakes a qualifying project within the timeframe specified by the Department of Commerce and Economic Opportunity. Provides that the Department of Commerce and Economic Opportunity shall extend the tax credit agreement to not more than 15 years and reduce the annual allocation to 60% of the maximum credit that would otherwise be available. Adds provisions allowing the credit to be carried forward. Makes changes concerning pass through entities. Provides that the investment credit for Energy Transition Zones applies for tax years beginning on or after January 1, 2020.

Senate Floor Amendment No. 2
Makes changes to provisions of the introduced bill creating the Illinois Energy Transition Zone Act. Provides that a person employed in a full-time equivalent job must earn a wage that meets or exceeds the prevailing wage for the locality in which the work is performed.

Senate Floor Amendment No. 3
Removes a reference to local rent control ordinances.

Actions 
DateChamber Action
  1/10/2019SenateFiled with Secretary by Sen. Melinda Bush
  1/10/2019SenateFirst Reading
  1/10/2019SenateReferred to Assignments
  1/23/2019SenateAssigned to Revenue
  1/31/2019SenateAdded as Co-Sponsor Sen. Sue Rezin
  2/1/2019SenateAdded as Co-Sponsor Sen. David Koehler
  2/5/2019SenateAdded as Co-Sponsor Sen. Ann Gillespie
  2/7/2019SenatePostponed - Revenue
  2/7/2019SenateAdded as Co-Sponsor Sen. Laura Fine
  2/21/2019SenateDo Pass Revenue; 007-000-000
  2/21/2019SenatePlaced on Calendar Order of 2nd Reading March 5, 2019
  2/28/2019SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Melinda Bush
  2/28/2019SenateSenate Floor Amendment No. 1 Referred to Assignments
  2/28/2019SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Melinda Bush
  2/28/2019SenateSenate Floor Amendment No. 2 Referred to Assignments
  3/5/2019SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  3/5/2019SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
  3/6/2019SenateSenate Floor Amendment No. 1 Postponed - Revenue
  3/6/2019SenateSenate Floor Amendment No. 2 Postponed - Revenue
  3/13/2019SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Melinda Bush
  3/13/2019SenateSenate Floor Amendment No. 3 Referred to Assignments
  3/14/2019SenateSenate Floor Amendment No. 3 Assignments Refers to Revenue
  3/19/2019SenateAdded as Co-Sponsor Sen. Laura Ellman
  3/20/2019SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 006-000-000
  3/20/2019SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 006-000-000
  3/20/2019SenateSenate Floor Amendment No. 3 Recommend Do Adopt Revenue; 006-000-000
  3/21/2019SenateAdded as Co-Sponsor Sen. Suzy Glowiak Hilton
  3/29/2019SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/9/2019SenateAdded as Co-Sponsor Sen. Cristina Castro
  4/9/2019SenateSecond Reading
  4/9/2019SenateSenate Floor Amendment No. 1 Adopted; Bush
  4/9/2019SenateSenate Floor Amendment No. 2 Adopted; Bush
  4/9/2019SenateSenate Floor Amendment No. 3 Adopted; Bush
  4/9/2019SenatePlaced on Calendar Order of 3rd Reading April 10, 2019
  4/11/2019SenateThird Reading - Passed; 058-000-000
  4/11/2019HouseArrived in House
  4/11/2019HouseChief House Sponsor Rep. Joyce Mason
  4/11/2019HouseFirst Reading
  4/11/2019HouseReferred to Rules Committee
  4/30/2019HouseAssigned to Executive Committee
  5/10/2019HouseRule 19(a) / Re-referred to Rules Committee
  5/22/2020HouseAdded Alternate Co-Sponsor Rep. Jonathan "Yoni" Pizer
  1/13/2021SenateSession Sine Die

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