Steve Stadelman
- Democratic
- Senator
- District 34
Primary
Amends the Illinois Income Tax Act and the Illinois Insurance Code. Provides that all or a portion of the income tax credit awarded for the restoration and preservation of a qualified historic structure located in a River Edge Redevelopment Zone may instead be taken as a credit against privilege and retaliatory taxes paid under the Illinois Insurance Code. Provides that the Historic Preservation Agency may issue a certification to the taxpayer stating that, if the project is completed as proposed, the project will qualify for the credits. Contains provisions concerning transfers of credits. Provides that the credit may be carried forward. Provides that the credit sunsets on January 1, 2022 (currently, January 1, 2017). Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As May 27, 2016
Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
Rule 2-10 Committee Deadline Established As April 22, 2016
Added as Co-Sponsor Sen. Chuck Weaver
Re-assigned to Executive
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
Rule 2-10 Committee Deadline Established As April 24, 2015
Added as Co-Sponsor Sen. Karen McConnaughay
To Subcommittee on Tax Credits
Added as Co-Sponsor Sen. Darin M. LaHood
Added as Co-Sponsor Sen. John M. Sullivan
Assigned to Revenue
Added as Co-Sponsor Sen. James F. Clayborne, Jr.
Added as Co-Sponsor Sen. Pamela J. Althoff
First Reading
Filed with Secretary by Sen. Steve Stadelman
Chief Co-Sponsor Sen. Dave Syverson
Added as Chief Co-Sponsor Sen. David Koehler
Added as Chief Co-Sponsor Sen. Michael Noland
Added as Chief Co-Sponsor Sen. Linda Holmes
Referred to Assignments
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