Illinois House Bill 1336 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 7-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Amends the Illinois Economic Development Board Act and the Economic Development for a Growing Economy Tax Credit Act to provide that EDGE Agreements are subject to the approval of the Illinois Economic Development Board (instead of the Illinois Business Investment Committee). Provides that the Illinois Business Investment Committee is dissolved on the effective date of the amendatory Act and all duties and responsibilities of the Committee shall be assumed by the Illinois Economic Development Board. Sets forth the membership of the Illinois Economic Development Board. Provides that the Director of Revenue and the Auditor General shall also serve as ex officio members of the Board. Sets forth the powers of the Board. Removes provisions requiring Applicants to make certain capital investments. Changes the duration of the credit from 10 years to 5 years. Provides that the credit may not exceed the lesser of the incremental income tax attributable to the project or $10,000 per New Employee. Provides that no more than $100,000,000 in credits may be awarded in State Fiscal Year 2014 or any State fiscal year thereafter. Makes other changes.

EDGE-ECON DEVELOPMENT BOARD

Rep. Jack Franks [D]	Rep. Sam Yingling [D]	Rep. Deborah Conroy [D]	Rep. Carol Sente [D]
Rep. Christian Mitchell [D]	Rep. Derrick Smith [D]	Rep. Maria Berrios [D]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-11-05	House	Added Co-Sponsor Rep. Maria Antonia Berrios
2013-05-29	House	Added Co-Sponsor Rep. Derrick Smith
2013-03-22	House	House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
2013-03-22	House	House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-03-14	House	House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
2013-03-12	House	House Committee Amendment No. 2 Referred to Rules Committee
2013-03-12	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Jack D. Franks
2013-02-25	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
2013-02-20	House	House Committee Amendment No. 1 Referred to Rules Committee
2013-02-20	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jack D. Franks
2013-02-19	House	Added Co-Sponsor Rep. Christian L. Mitchell
2013-02-13	House	Assigned to Revenue & Finance Committee
2013-02-07	House	Added Chief Co-Sponsor Rep. Carol A. Sente
2013-02-07	House	Added Chief Co-Sponsor Rep. Deborah Conroy
2013-02-07	House	Added Chief Co-Sponsor Rep. Sam Yingling
2013-02-06	House	Referred to Rules Committee
2013-02-06	House	First Reading
2013-02-06	House	Filed with the Clerk by Rep. Jack D. Franks

Chapter	Article	Section	Citation Type	Statute Text
20	3965	3	Amended Code	Citation Text
20	3965	4	Amended Code	Citation Text
35	10	5-10	Amended Code	Citation Text
35	10	5-20	Amended Code	Citation Text
35	10	5-25	Amended Code	Citation Text
35	10	5-40	Amended Code	Citation Text
35	10	5-45	Amended Code	Citation Text
35	10	5-5	Amended Code	Citation Text
35	10	5-50	Amended Code	Citation Text
35	10	5-70	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1336&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB1336.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB1336ham001.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB1336ham002.htm