ADVANCE SCIENCE ZONES Senate SponsorsSen. Michael Bond-Martin A. Sandoval and Mike Jacobs 1/13/2009SenateSession Sine Die New Act35 ILCS 5/203from Ch. 120, par. 2-20335 ILCS 5/218 newCreates the Advance Science Zones Act. Sets forth procedures for the Department of Commerce and Economic Opportunity to certify areas in the State as Advanced Science Zones. Sets forth procedures for the administration of the Zones. Requires the Department to establish several programs with respect to the Zones including a loan program, a financial-assistance program, a transferable investment tax credit, and a tax-deduction certification. Contains other provisions. Amends the Illinois Income Tax Act to make corresponding changes concerning the tax credits and deductions. Effective immediately.Senate Committee Amendment No. 1 Makes a technical correction.Senate Committee Amendment No. 2 In the Advance Science Zones Act, deletes a provision concerning the State Treasurer's investment of moneys in the Advanced Sciences Zone Loan Fund. 2/9/2007SenateFiled with Secretary by Sen. Michael Bond 2/9/2007SenateFirst Reading 2/9/2007SenateReferred to Rules 2/21/2007SenateAssigned to Commerce and Economic Development 2/28/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Bond 2/28/2007SenateSenate Committee Amendment No. 1 Referred to Rules 3/2/2007SenatePostponed - Commerce and Economic Development 3/2/2007SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval 3/7/2007SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Michael Bond 3/7/2007SenateSenate Committee Amendment No. 2 Referred to Rules 3/7/2007SenateSenate Committee Amendment No. 1 Rules Refers to Commerce and Economic Development 3/7/2007SenateSenate Committee Amendment No. 2 Rules Refers to Commerce and Economic Development 3/8/2007SenatePostponed - Commerce and Economic Development 3/15/2007SenateSenate Committee Amendment No. 1 Adopted 3/15/2007SenateSenate Committee Amendment No. 2 Adopted 3/15/2007SenateDo Pass as Amended Commerce and Economic Development; 009-000-000 3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007 3/29/2007SenateAdded as Co-Sponsor Sen. Mike Jacobs 12/3/2007SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/13/2009SenateSession Sine Die