SB 615

  • Illinois Senate Bill
  • 94th Regular Session
  • Introduced in Senate Apr 08, 2005
  • Passed Senate Apr 08, 2005
  • House
  • Governor

Econ Dev Credit-Qualification

Abstract

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that an Applicant may qualify for tax credits if the Applicant has 100 or fewer employees and is located or will locate in a county for which the annual unemployment rate was at least 1% higher than the average annual statewide unemployment rate during the most recent year for which those statistics are available from the Department of Employment Security, the project will involve an investment of at least $500,000 in capital improvements to be placed in service, and the project will employ at least 2 New Employees within the State as a direct result of the project. Effective immediately.

Bill Sponsors (17)

Votes


Actions


Jan 09, 2007

Senate

Session Sine Die

May 17, 2005

House

Added Alternate Co-Sponsor Rep. Lisa M. Dugan

May 13, 2005

House

Rule 19(a) / Re-referred to Rules Committee

May 03, 2005

House

Added Alternate Co-Sponsor Rep. Gary Hannig

House

Added Alternate Co-Sponsor Rep. Annazette Collins

Apr 28, 2005

House

Added Alternate Co-Sponsor Rep. Kurt M. Granberg

Apr 27, 2005

House

Added Alternate Chief Co-Sponsor Rep. David E. Miller

House

Added Alternate Co-Sponsor Rep. Daniel V. Beiser

House

Added Alternate Chief Co-Sponsor Rep. David R. Leitch

House

Alternate Co-Sponsor Removed Rep. David E. Miller

Apr 26, 2005

House

Added Alternate Co-Sponsor Rep. David E. Miller

House

Added Alternate Co-Sponsor Rep. Arthur L. Turner

House

Added Alternate Co-Sponsor Rep. William Davis

House

Added Alternate Co-Sponsor Rep. Wyvetter H. Younge

House

Added Alternate Co-Sponsor Rep. Milton Patterson

House

Added Alternate Co-Sponsor Rep. Robin Kelly

Apr 20, 2005

House

Assigned to Executive Committee

Apr 15, 2005

House

Added Alternate Co-Sponsor Rep. John E. Bradley

Apr 13, 2005

House

Added Alternate Co-Sponsor Rep. Linda Chapa LaVia

Apr 12, 2005

House

Added Alternate Co-Sponsor Rep. Careen M Gordon

House

Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson

Apr 11, 2005

House

Referred to Rules Committee

House

Added Alternate Chief Co-Sponsor Rep. Robert F. Flider

House

Added Alternate Chief Co-Sponsor Rep. Dave Winters

House

Added Alternate Co-Sponsor Rep. Michelle Chavez

House

Added Alternate Co-Sponsor Rep. Charles E. Jefferson

House

First Reading

Apr 08, 2005

House

Chief House Sponsor Rep. Aaron Schock

House

Placed on Calendar Order of First Reading

House

Arrived in House

Senate

Third Reading - Passed; 056-000-000

Mar 16, 2005

Senate

Added as Chief Co-Sponsor Sen. Deanna Demuzio

Senate

Added as Chief Co-Sponsor Sen. John M. Sullivan

Mar 08, 2005

Senate

Placed on Calendar Order of 3rd Reading March 9, 2005

Senate

Second Reading

Mar 03, 2005

Senate

Do Pass Commerce & Economic Development; 009-000-000

Senate

Added as Co-Sponsor Sen. Dave Syverson

Senate

Added as Chief Co-Sponsor Sen. Martin A. Sandoval

Senate

Placed on Calendar Order of 2nd Reading March 8, 2005

Feb 23, 2005

Senate

Assigned to Commerce & Economic Development

Feb 18, 2005

Senate

First Reading

Senate

Referred to Rules

Senate

Filed with Secretary by Sen. Gary Forby

Bill Text

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Sources

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