Illinois General Assembly - Bill Status for SB2748

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Bill Status of SB2748 99th General Assembly

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Short Description: EDGE-INSURANCE

Senate Sponsors
Sen. Karen McConnaughay

Last Action

Date	Chamber	Action
1/10/2017	Senate	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 5/405.1 new

Synopsis As Introduced
Amends the Illinois Income Tax Act and the Economic Development for a Growing Economy Tax Credit Act. Authorizes taxpayers to sell, assign, or transfer credits awarded under the Economic Development for a Growing Economy Tax Credit Act. Provides that credits awarded under the Economic Development for a Growing Economy Tax Credit Act may also be taken against privilege and retaliatory taxes paid under the Illinois Insurance Code. Amends the Illinois Insurance Code to make conforming changes. Effective immediately.

Actions

Date	Chamber	Action
2/16/2016	Senate	Filed with Secretary by Sen. Karen McConnaughay
2/16/2016	Senate	First Reading
2/16/2016	Senate	Referred to Assignments
2/24/2016	Senate	Assigned to Revenue
3/10/2016	Senate	To Subcommittee on Special Issues (RV)
4/8/2016	Senate	Rule 2-10 Committee Deadline Established As April 22, 2016
4/22/2016	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
5/13/2016	Senate	Rule 3-9(a) / Re-referred to Assignments
1/10/2017	Senate	Session Sine Die

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