Illinois General Assembly - Bill Status for SB2209
Illinois General Assembly

Previous General Assemblies

 Bill Status of SB2209  93rd General Assembly


Short Description:  BUDGET IMPLEMENTATION-FY2005

Senate Sponsors
Sen. Emil Jones, Jr. - Mattie Hunter

House Sponsors
(Rep. Michael J. Madigan - Barbara Flynn Currie - Gary Hannig)

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the FY2005 Budget Implementation Act. Provides that the purpose of the Act is to make the changes in State programs that are necessary to implement the Governor's FY2005 budget recommendations.

House Committee Amendment No. 1
Deletes reference to:
New Act
Adds reference to:
35 ILCS 5/304from Ch. 120, par. 3-304

Deletes everything. Amends the Illinois Income Tax Act. In a Section concerning the allocation and apportionment of business income of persons other than resident provides that (i) for taxable years ending on or after December 31, 2004, certain sales are in this State if the purchaser is in this State or if the sale is otherwise attributable to this State's marketplace; (ii) in provisions concerning insurance companies, makes changes concerning the definition of "direct premiums written" and the filing of an annual statement on which direct premiums written are reported; (iii) sets forth procedures for apportionment of business income of a financial organization; and (iv) authorizes the Director of Revenue, without a petition form the taxpayer, to permit or require an alternative allocation. Makes other changes.

 Pension Note (Economic and Fiscal Commission)
 Senate Bill 2209, as amended by House Amendment 1, would not impact any public pension fund or retirement system in Illinois.

 Judicial Note (Admin Office of the Illinois Courts)
 Senate Bill 2209, as amended by House Amendment 1, would neither increase nor decrease the number of judges needed in the State.

 State Debt Impact Note (Economic and Fiscal Commission)
 As amended by HA1, would not affect the level of State indebtedness.

 Housing Affordability Impact Note (Housing Development Authority)
 Senate Bill 2209, as amended by House Amendment 1, will have no effect on constructing, purchasing, owning, or selling a single-family residence.

 Fiscal Note (Department of Revenue)
 As amended by HA1, amends the Illinois Income Tax Act to provide that a sale is considered to be apportionable to Illinois if the sale is to a purchaser in this state or the sale is otherwise attributable to the Illinois marketplace. Will increase State revenue by an estimated $24 million.

 Balanced Budget Note (Office of Management and Budget)
 Senate Bill 2209, as amended by House Amendment 1, will have a fiscal impact of approximately $24 million in additional revenues for the State as provided for in the Governor's Recommended Balanced Budget.

 Correctional Note (Dept of Corrections)
 Senate Bill 2209, as amended by House Amendment 1, will have no corrections population or fiscal impact on the Department.

 Home Rule Note (Department of Commerce and Economic Opportunity)
 Senate Bill 2209, as amended by House Amendment 1, does not pre-empt home rule authority.

 State Mandates Fiscal Note (Department of Commerce and Economic Opportunity)
 Senate Bill 2209, as amended by House Amendment 1, does not create a State mandate under the State Mandates Act.

Actions 
DateChamber Action
  1/15/2004SenateFiled with Secretary by Sen. Emil Jones, Jr.
  1/15/2004SenateFirst Reading
  1/15/2004SenateReferred to Rules
  1/29/2004SenateAssigned to State Government
  2/19/2004SenateDo Pass State Government; 005-002-000
  2/19/2004SenatePlaced on Calendar Order of 2nd Reading February 20, 2004
  2/24/2004SenateSecond Reading
  2/24/2004SenatePlaced on Calendar Order of 3rd Reading February 25, 2004
  3/25/2004SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
  3/25/2004SenateThird Reading - Passed; 050-007-000
  3/25/2004HouseArrived in House
  3/25/2004HousePlaced on Calendar Order of First Reading
  3/29/2004HouseChief House Sponsor Rep. Michael J. Madigan
  3/29/2004HouseFirst Reading
  3/29/2004HouseReferred to Rules Committee
  3/30/2004HouseAssigned to Executive Committee
  4/29/2004HouseDo Pass / Standard Debate Executive Committee; 007-005-000
  4/29/2004HousePlaced on Calendar 2nd Reading - Standard Debate **
  5/4/2004HouseRe-committed to Rules Committee
  5/4/2004HouseAssigned to Revenue Committee
  5/14/2004HouseCommittee/3rd Reading Deadline Extended-Rule 9(b) May 31, 2004
  5/18/2004HouseAdded Alternate Chief Co-Sponsor Rep. Barbara Flynn Currie
  5/18/2004HouseAdded Alternate Chief Co-Sponsor Rep. Gary Hannig
  5/20/2004HouseHouse Committee Amendment No. 1 Filed with Clerk by Revenue Committee
  5/20/2004HouseHouse Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote
  5/20/2004HouseDo Pass as Amended / Standard Debate Revenue Committee; 005-004-000
  5/20/2004HousePlaced on Calendar 2nd Reading - Standard Debate
  5/20/2004HouseSecond Reading - Standard Debate
  5/20/2004HousePlaced on Calendar Order of 3rd Reading - Standard Debate
  5/21/2004HousePension Note Filed As Amended by HA 1
  5/24/2004HouseJudicial Note Filed As Amended by HA 1
  5/24/2004HouseState Debt Impact Note Filed As amended by HA 1
  5/24/2004HouseHousing Affordability Impact Note Filed As Amended by HA 1
  5/26/2004HouseFiscal Note Filed As Amended by HA 1
  5/28/2004HouseBalanced Budget Note Filed As Amended by HA 1
  5/30/2004HouseCorrectional Note Filed As Amended by HA 1
  5/31/2004HouseFinal Action Deadline Extended-9(b) June 30, 2004
  6/3/2004HouseHome Rule Note Filed As Amended by HA 1
  6/3/2004HouseState Mandates Fiscal Note Filed As Amended by HA 1
  6/30/2004HouseFinal Action Deadline Extended-9(b) July 15, 2004
  7/15/2004HouseFinal Action Deadline Extended-9(b) JULY 31, 2004
  7/31/2004HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005SenateSession Sine Die

Back To Top