IL HB3501 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 13-0)
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-04-14 - Added Co-Sponsor Rep. André Thapedi
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-04-14 - Added Co-Sponsor Rep. André Thapedi
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Business Tax Incentive Recapture Act. Provides that, if a business is awarded a tax incentive in any taxable year, and that business relocates its corporate headquarters from Illinois to another state in the next taxable year, then the Department shall recapture the amount of the tax incentive from the business. Effective immediately.
Title
TAX INCENTIVE RECAPTURE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-04-14 | House | Added Co-Sponsor Rep. André Thapedi |
| 2015-04-14 | House | Added Co-Sponsor Rep. Arthur Turner |
| 2015-04-08 | House | Added Co-Sponsor Rep. Jay Hoffman |
| 2015-03-31 | House | Added Co-Sponsor Rep. Laura Fine |
| 2015-03-31 | House | Added Co-Sponsor Rep. Daniel V. Beiser |
| 2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2015-03-18 | House | Added Co-Sponsor Rep. Deb Conroy |
| 2015-03-13 | House | To Income Tax Subcommittee |
| 2015-03-10 | House | Added Co-Sponsor Rep. Katherine Cloonen |
| 2015-03-10 | House | Assigned to Revenue & Finance Committee |
| 2015-03-09 | House | Added Co-Sponsor Rep. Carol Ammons |
| 2015-03-06 | House | Added Co-Sponsor Rep. Carol Sente |
| 2015-03-04 | House | Added Co-Sponsor Rep. Lawrence Walsh, Jr. |
| 2015-03-04 | House | Added Co-Sponsor Rep. Stephanie A. Kifowit |
| 2015-03-04 | House | Added Co-Sponsor Rep. Martin J. Moylan |
| 2015-02-26 | House | Referred to Rules Committee |
| 2015-02-26 | House | First Reading |
| 2015-02-26 | House | Filed with the Clerk by Rep. Michelle Mussman |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3501&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/HB/09900HB3501.htm |
