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<title>Illinois General Assembly - Bill Status for SB 341          </title>
<shortdesc>REVENUE-TECH</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Antonio Muņoz-Pat McGuire, Jennifer Bertino-Tarrant-Steve Stadelman-Michael E. Hastings-Wm. Sam McCann and John G. Mulroe</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Lawrence M. Walsh, Jr.-Anthony DeLuca-C.D. Davidsmeyer and Al Riley)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/210.5</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning tax credits for providing child care for employees.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 5/210.5</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>New Act</reference><aliasreference></aliasreference><reference>35 ILCS 5/224 new</reference><aliasreference></aliasreference><reference>215 ILCS 5/409.2 new</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Creates the Illinois State Property Revitalization Tax Credit Act. Creates a credit against taxes imposed under the Illinois Income Tax Act and the Illinois Insurance Code in an amount equal to 30% of qualified expenditures incurred by a qualified taxpayer in the rehabilitation of certain property that had been owned by the State. Provides that credits must be approved by the Department of Commerce and Economic Opportunity. Provides that credits may be transferred and assigned. Contains provisions concerning application fees. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/23/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>1/23/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/23/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  010-000-000</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 21, 2013</action>
<statusdate>4/12/2013</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/12/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 16, 2013</action>
<statusdate>4/16/2013</statusdate><chamber>Senate</chamber><action>Re-referred to Assignments</action>
<statusdate>10/31/2013</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Antonio Muņoz</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Approved for Consideration Assignments</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading November 6, 2013</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Antonio Muņoz</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pat McGuire</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As November 7, 2013</action>
<statusdate>11/5/2013</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant</action>
<statusdate>11/6/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Executive</action>
<statusdate>11/6/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Executive;  013-000-000</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Steve Stadelman</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Michael E. Hastings</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Muņoz</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Wm. Sam McCann</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John G. Mulroe</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>3/5 Vote Required</action>
<statusdate>11/7/2013</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 056-000-000</action>
<statusdate>11/8/2013</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>11/8/2013</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Lawrence M. Walsh, Jr.</action>
<statusdate>11/12/2013</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Al Riley</action>
<statusdate>12/2/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>12/2/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/20/2014</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca</action>
<statusdate>2/20/2014</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. C.D. Davidsmeyer</action>
<statusdate>3/19/2014</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/20/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Lawrence M. Walsh, Jr.</action>
<statusdate>3/20/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/21/2014</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/24/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>4/2/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 2 Filed with Clerk by Rep. Lawrence M. Walsh, Jr.</action>
<statusdate>4/2/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 2 Referred to Rules Committee</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 2 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>4/24/2014</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>5/16/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/16/2014</statusdate><chamber>House</chamber><action>House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/16/2014</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

