IL HB3239 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Retailers' Occupation Tax Act. Provides that the exemption for property used in an enterprise zone applies to businesses that make investments of at least $20,000,000 and cause the creation of a minimum of 40 (instead of 200) full-time jobs in Illinois or make investments that cause the retention of a minimum of 500 (instead of 2,000) full-time jobs in Illinois. Amends the Public Utilities Act. Provides that the exemption for businesses located in an enterprise zone applies to businesses that (i) make investments of at least $20,000,000 and cause the creation of a minimum of 40 (instead of 200) full-time equivalent jobs in Illinois, (ii) make investments of at least $175,000,000 which cause the creation of a minimum of 30 (instead of 150) full-time equivalent jobs in Illinois, or (iii) make investments of at least $100,000,000 which cause the retention of a minimum of 200 (instead of 1,000) full-time jobs in Illinois.
Title
ROTA-ENTERPRISE ZONE-JOBS
Sponsors
Rep. Chad Hays [R] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2011-03-17 | House | Rule 19(a) / Re-referred to Rules Committee |
2011-02-28 | House | Assigned to Revenue & Finance Committee |
2011-02-24 | House | Referred to Rules Committee |
2011-02-24 | House | First Reading |
2011-02-24 | House | Filed with the Clerk by Rep. Chad Hays |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
220 | 5 | 9-222.1 | Amended Code | Citation Text |
35 | 120 | 1f | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3239&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/HB/09700HB3239.htm |