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<title>Illinois General Assembly - Bill Status for SB 3688   </title>
<shortdesc>ENTERPRISE ZONE-EXTENSION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Michael W. Frerichs-Pamela J. Althoff-Toi W. Hutchinson-Sue Rezin-David Koehler, Kyle McCarter, Dave Syverson, Shane Cultra, Linda Holmes, Pat McGuire, Mike Jacobs, Mattie Hunter and Gary Forby</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Ed Sullivan, Jr.-Adam Brown-John D. Cavaletto-Richard Morthland-Michael Unes, Bill Mitchell, Pam Roth, Joe Sosnowski, Paul Evans, Jil Tracy, Robert W. Pritchard, Jim Watson, Chad Hays, Norine Hammond, Dwight Kay, Brad E. Halbrook, Donald L. Moffitt, Jason Barickman, Wayne Rosenthal, Jim Sacia and Rich Brauer)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 655/4</reference><aliasreference>from Ch. 67 1/2, par. 604</aliasreference><reference>20 ILCS 655/5.2</reference><aliasreference>from Ch. 67 1/2, par. 607</aliasreference><reference>20 ILCS 655/5.3</reference><aliasreference>from Ch. 67 1/2, par. 608</aliasreference><reference>20 ILCS 655/6</reference><aliasreference>from Ch. 67 1/2, par. 610</aliasreference><reference>20 ILCS 655/8.1 new</reference><aliasreference></aliasreference><reference>20 ILCS 715/5</reference><aliasreference></aliasreference><reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>Amends the Illinois Enterprise Zone Act. Provides that an area is qualified to become an enterprise zone if it comprises not more than 18 square miles (now, 12 square miles). Provides that an enterprise zone shall be in effect for 55 years (now, 30 years). Authorizes the Department of Commerce and Economic Opportunity to certify an additional 10 enterprise zones between January 1, 2013 and December 31, 2022. Requires each Zone Administrator to post a copy of the enterprise zone boundaries on its website and to collect and aggregate certain information. Amends the Corporate Accountability for Tax Expenditures Act. Changes the definitions of "full-time, permanent job" and "retained employee". Amends the Illinois Income Tax Act. Eliminates the job tax credit for a taxpayer conducting business operations in an enterprise zone. Eliminates the deduction for dividends that were paid by a corporation which conducts business operations in an enterprise zone. Eliminates the deduction for interest income from a loan or loans secured by property which is eligible for the Enterprise Zone Investment Credit. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Michael W. Frerichs</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Sue Rezin</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. David Koehler</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/10/2012</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/15/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Kyle McCarter</action>
<statusdate>2/21/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dave Syverson</action>
<statusdate>2/27/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Shane Cultra</action>
<statusdate>2/28/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Linda Holmes</action>
<statusdate>3/8/2012</statusdate><chamber>Senate</chamber><action>Assigned to Local Government</action>
<statusdate>3/9/2012</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As March 30, 2012</action>
<statusdate>3/21/2012</statusdate><chamber>Senate</chamber><action>Re-referred to Assignments</action>
<statusdate>3/21/2012</statusdate><chamber>Senate</chamber><action>Re-assigned to Enterprise Zone Extensions</action>
<statusdate>3/21/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Pat McGuire</action>
<statusdate>3/26/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mike Jacobs</action>
<statusdate>3/28/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>3/30/2012</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As April 26, 2012</action>
<statusdate>4/17/2012</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Gary Forby</action>
<statusdate>4/19/2012</statusdate><chamber>Senate</chamber><action>Do Pass Enterprise Zone Extensions;  006-000-000</action>
<statusdate>4/19/2012</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 24, 2012</action>
<statusdate>4/25/2012</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/25/2012</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 26, 2012</action>
<statusdate>4/26/2012</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>4/26/2012</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/26/2012</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Ed Sullivan, Jr.</action>
<statusdate>4/26/2012</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/26/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Adam Brown</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. John D. Cavaletto</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Richard Morthland</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Michael Unes</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Bill Mitchell</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Pam Roth</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Joe Sosnowski</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Paul Evans</action>
<statusdate>4/27/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jil Tracy</action>
<statusdate>4/30/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>4/30/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jim Watson</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Chad Hays</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Norine Hammond</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Dwight Kay</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Brad E. Halbrook</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Donald L. Moffitt</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jason Barickman</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Wayne Rosenthal</action>
<statusdate>5/1/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jim Sacia</action>
<statusdate>5/2/2012</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Rich Brauer</action>
<statusdate>5/9/2012</statusdate><chamber>House</chamber><action>Motion Filed to Discharge Rules Committee Rep. Dennis M. Reboletti</action>
<statusdate>5/9/2012</statusdate><chamber>House</chamber><action>Chair Rules Motion Out of Order</action>
<statusdate>5/9/2012</statusdate><chamber>House</chamber><action>Appeal Ruling of Chair Rep. Dennis M. Reboletti</action>
<statusdate>5/9/2012</statusdate><chamber>House</chamber><action>Chair Rules Motion Out of Order</action>
<statusdate>5/9/2012</statusdate><chamber>House</chamber><action>Motion Discharge Committee Lost</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

