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<xml>
<title>Illinois General Assembly - Bill Status for SB 1656         </title>
<shortdesc>INC TX-PPRT INVESTMENT CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chuck Weaver</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that the personal property tax replacement income tax credit for investments in qualified property applies for costs incurred on or before December 31, 2023 (currently, December 31, 2018). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chuck Weaver</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2019</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/22/2019</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As March 28, 2019</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

