SB 3527

  • Illinois Senate Bill
  • 100th Regular Session
  • Introduced in Senate Apr 26, 2018
  • Passed Senate Apr 26, 2018
  • Passed House May 31, 2018
  • Became Law Jul 26, 2018

River Edge Redevelopment Tax

Abstract

Amends the Illinois Income Tax Act. Provides that taxpayers of a qualified historic structure located in a River Edge Redevelopment Zone shall be allowed a tax credit against certain provisions of the Illinois Insurance Code during a 48-month period. Provides that a taxpayer is required to provide a third-party cost certification regarding costs attributable to the rehabilitation of a historic building when the costs exceed $200,000. Defines "phased rehabilitation" and "placed in service". Amends the Illinois Insurance Code. Makes conforming changes. Effective immediately.

Bill Sponsors (11)

Votes


Actions


Jul 26, 2018

Senate

Public Act . . . . . . . . . 100-0629

Senate

Governor Approved

Senate

Effective Date January 1, 2019

Jun 21, 2018

Senate

Sent to the Governor

May 31, 2018

Senate

Added as Co-Sponsor Sen. Jil Tracy

Senate

Senate Concurs

Senate

House Floor Amendment No. 3 Senate Concurs 051-000-000

Senate

House Committee Amendment No. 1 Senate Concurs 051-000-000

Senate

House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Steve Stadelman

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 1, 3 - May 31, 2018

Senate

Secretary's Desk - Concurrence House Amendment(s) 1, 3

House

Added Alternate Co-Sponsor Rep. Carol Sente

House

Third Reading - Short Debate - Passed 101-011-001

House

Added Alternate Co-Sponsor Rep. Joe Sosnowski

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 3 Adopted

House

House Floor Amendment No. 2 Withdrawn by Rep. Jehan Gordon-Booth

Senate

Passed Both Houses

Senate

Added as Co-Sponsor Sen. Cristina Castro

Senate

House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments

Senate

House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments

Senate

House Floor Amendment No. 3 Motion to Concur Referred to Assignments

Senate

House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Steve Stadelman

Senate

House Committee Amendment No. 1 Motion to Concur Referred to Assignments

May 30, 2018

House

Added Alternate Co-Sponsor Rep. Norine K. Hammond

House

Added Alternate Co-Sponsor Rep. Tony McCombie

House

Added Alternate Co-Sponsor Rep. Steven A. Andersson

House

House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee

House

House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 011-000-000

May 29, 2018

House

House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 007-004-000

Senate

Added as Chief Co-Sponsor Sen. Pamela J. Althoff

Senate

Added as Chief Co-Sponsor Sen. Neil Anderson

House

House Floor Amendment No. 3 Filed with Clerk by Rep. Jehan Gordon-Booth

House

Added Alternate Chief Co-Sponsor Rep. Nicholas K Smith

House

House Floor Amendment No. 3 Referred to Rules Committee

May 28, 2018

House

Added Alternate Co-Sponsor Rep. Camille Y. Lilly

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Jehan Gordon-Booth

House

House Floor Amendment No. 2 Referred to Rules Committee

House

Added Alternate Chief Co-Sponsor Rep. Michael Halpin

House

Added Alternate Chief Co-Sponsor Rep. Ryan Spain

House

Added Alternate Chief Co-Sponsor Rep. Litesa E. Wallace

House

Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.

House

Added Alternate Co-Sponsor Rep. Arthur Turner

House

Added Alternate Co-Sponsor Rep. Linda Chapa LaVia

House

Alternate Chief Co-Sponsor Removed Rep. Ryan Spain

House

House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee

May 25, 2018

House

Final Action Deadline Extended-9(b) May 31, 2018

May 23, 2018

House

Held on Calendar Order of Second Reading - Short Debate

House

Second Reading - Short Debate

May 18, 2018

House

Placed on Calendar 2nd Reading - Short Debate

May 17, 2018

House

Added Alternate Co-Sponsor Rep. Anna Moeller

House

Do Pass as Amended / Short Debate Revenue & Finance Committee; 011-000-000

House

House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote

May 14, 2018

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

May 11, 2018

House

House Committee Amendment No. 1 Referred to Rules Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth

May 07, 2018

House

Assigned to Revenue & Finance Committee

May 04, 2018

House

Added Alternate Chief Co-Sponsor Rep. LaToya Greenwood

Apr 26, 2018

House

Arrived in House

House

Referred to Rules Committee

House

First Reading

House

Chief House Sponsor Rep. Jehan Gordon-Booth

Senate

Third Reading - Passed; 052-001-000

Apr 25, 2018

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Placed on Calendar Order of 3rd Reading April 26, 2018

Senate

Second Reading

Senate

Placed on Calendar Order of 2nd Reading

Senate

Do Pass as Amended Revenue; 006-000-000

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Senate Committee Amendment No. 1 Assignments Refers to Revenue

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Steve Stadelman

Apr 19, 2018

Senate

Added as Chief Co-Sponsor Sen. Chuck Weaver

Apr 13, 2018

Senate

Rule 2-10 Committee Deadline Established As April 27, 2018

Feb 28, 2018

Senate

Added as Chief Co-Sponsor Sen. David Koehler

Feb 27, 2018

Senate

Assigned to Revenue

Feb 16, 2018

Senate

Filed with Secretary by Sen. Steve Stadelman

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Enrolled HTML
Engrossed HTML
Introduced HTML

Related Documents

Document Format
Public Act
House Amendment 003
House Amendment 002
House Amendment 001
Senate Amendment 001

Sources

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