<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5412         </title>
<shortdesc>REV AND MICRO-REPORTS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Joe C. Sosnowski</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Steve Stadelman)</altsponsors>
</sponsor>
<lastaction>
<statusdate>7/19/2024</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 103-0712</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 686/30</reference><aliasreference></aliasreference><reference>35 ILCS 45/110-30</reference><aliasreference></aliasreference><reference>35 ILCS 120/5m</reference><aliasreference></aliasreference><reference>35 ILCS 120/5n</reference><aliasreference></aliasreference><SynopsisText>     Amends the Reimagining Energy and Vehicles in Illinois Act and the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Provides that failure to report certain data may result in ineligibility to receive incentives and may result in revocation of building materials exemption certificates issued to the taxpayer. Amends the Retailers' Occupation Tax Act. In provisions concerning the building materials exemption for REV Illinois projects and microchip and semiconductor manufacturing, provides that the retailer must obtain a certification from the purchaser that contains certain specified information. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Joe C. Sosnowski</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/12/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/12/2024</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Joe C. Sosnowski</action>
<statusdate>3/12/2024</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/13/2024</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  017-000-000</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Tabled</action>
<statusdate>4/4/2024</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/11/2024</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/17/2024</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 113-000-000</action>
<statusdate>4/18/2024</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/18/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/18/2024</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Steve Stadelman</action>
<statusdate>4/18/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/18/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/24/2024</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/30/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 10, 2024</action>
<statusdate>5/1/2024</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  007-000-000</action>
<statusdate>5/2/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading May 7, 2024</action>
<statusdate>5/8/2024</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/8/2024</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 8, 2024</action>
<statusdate>5/16/2024</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 059-000-000</action>
<statusdate>5/16/2024</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>6/13/2024</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>7/19/2024</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>7/19/2024</statusdate><chamber>House</chamber><action>Effective Date July 19, 2024</action>
<statusdate>7/19/2024</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 103-0712</action>
</actions>
</xml>

