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<title>Illinois General Assembly - Bill Status for SB 29           </title>
<shortdesc>REVENUE-GREEN ENERGY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Melinda Bush, Sue Rezin, David Koehler, Ann Gillespie, Laura Fine, Laura Ellman, Suzy Glowiak Hilton, Laura M. Murphy and Cristina Castro</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Joyce Mason and Jonathan "Yoni" Pizer)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>5 ILCS 100/5-45</reference><aliasreference>from Ch. 127, par. 1005-45</aliasreference><reference>30 ILCS 105/5.891 new</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.43 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><reference>35 ILCS 120/5k-1 new</reference><aliasreference></aliasreference><reference>65 ILCS 5/8-11-2</reference><aliasreference>from Ch. 24, par. 8-11-2</aliasreference><reference>220 ILCS 5/9-221</reference><aliasreference>from Ch. 111 2/3, par. 9-221</aliasreference><reference>220 ILCS 5/9-222</reference><aliasreference>from Ch. 111 2/3, par. 9-222</aliasreference><reference>220 ILCS 5/9-222.1b new</reference><aliasreference></aliasreference><SynopsisText>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.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<SynopsisText>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.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>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.</SynopsisText><synopsistitle>Senate Floor Amendment No. 3</synopsistitle>
<SynopsisText>Removes a reference to local rent control ordinances.</SynopsisText></synopsis>
<actions>
<statusdate>1/10/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Melinda Bush</action>
<statusdate>1/10/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/10/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/23/2019</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>1/31/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sue Rezin</action>
<statusdate>2/1/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. David Koehler</action>
<statusdate>2/5/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ann Gillespie</action>
<statusdate>2/7/2019</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>2/7/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura Fine</action>
<statusdate>2/21/2019</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  007-000-000</action>
<statusdate>2/21/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 5, 2019</action>
<statusdate>2/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Melinda Bush</action>
<statusdate>2/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>2/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Melinda Bush</action>
<statusdate>2/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>3/5/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>3/5/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Revenue</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Postponed - Revenue</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Postponed - Revenue</action>
<statusdate>3/13/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Filed with Secretary by Sen. Melinda Bush</action>
<statusdate>3/13/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Referred to Assignments</action>
<statusdate>3/14/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Assignments Refers to Revenue</action>
<statusdate>3/19/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura Ellman</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Revenue;  006-000-000</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Revenue;  006-000-000</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Recommend Do Adopt Revenue;  006-000-000</action>
<statusdate>3/21/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Suzy Glowiak Hilton</action>
<statusdate>3/29/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura M. Murphy</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Cristina Castro</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Bush</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Bush</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Adopted; Bush</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 10, 2019</action>
<statusdate>4/11/2019</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Joyce Mason</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/30/2019</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/10/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/22/2020</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jonathan "Yoni" Pizer</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

