IL HB5412 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on July 19 2024 - 100% progression
Action: 2024-07-19 - Public Act . . . . . . . . . 103-0712
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on July 19 2024 - 100% progression
Action: 2024-07-19 - Public Act . . . . . . . . . 103-0712
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Reimagining Energy and Vehicles in Illinois Act and the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Provides that failure to report certain data may result in ineligibility to receive incentives and may result in revocation of building materials exemption certificates issued to the taxpayer. Amends the Retailers' Occupation Tax Act. In provisions concerning the building materials exemption for REV Illinois projects and microchip and semiconductor manufacturing, provides that the retailer must obtain a certification from the purchaser that contains certain specified information. Effective immediately.
Title
REV AND MICRO-REPORTS
Sponsors
Roll Calls
2024-05-16 - Senate - Third Reading in Senate (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
2024-04-17 - House - Third Reading in House (Y: 113 N: 0 NV: 0 Abs: 1) [PASS]
2024-04-17 - House - Third Reading in House (Y: 113 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-19 | House | Public Act . . . . . . . . . 103-0712 |
| 2024-07-19 | House | Effective Date July 19, 2024 |
| 2024-07-19 | House | Governor Approved |
| 2024-06-13 | House | Sent to the Governor |
| 2024-05-16 | House | Passed Both Houses |
| 2024-05-16 | Senate | Third Reading - Passed; 059-000-000 |
| 2024-05-08 | Senate | Placed on Calendar Order of 3rd Reading May 8, 2024 |
| 2024-05-08 | Senate | Second Reading |
| 2024-05-02 | Senate | Placed on Calendar Order of 2nd Reading May 7, 2024 |
| 2024-05-01 | Senate | Do Pass Revenue; 007-000-000 |
| 2024-04-30 | Senate | Rule 2-10 Committee Deadline Established As May 10, 2024 |
| 2024-04-24 | Senate | Assigned to Revenue |
| 2024-04-18 | Senate | Referred to Assignments |
| 2024-04-18 | Senate | First Reading |
| 2024-04-18 | Senate | Chief Senate Sponsor Sen. Steve Stadelman |
| 2024-04-18 | Senate | Placed on Calendar Order of First Reading |
| 2024-04-18 | Senate | Arrive in Senate |
| 2024-04-17 | House | Third Reading - Short Debate - Passed 113-000-000 |
| 2024-04-11 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-04-11 | House | Second Reading - Short Debate |
| 2024-04-04 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-04-04 | House | House Committee Amendment No. 1 Tabled |
| 2024-04-04 | House | Do Pass / Short Debate Revenue & Finance Committee; 017-000-000 |
| 2024-03-13 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2024-03-12 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2024-03-12 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Joe C. Sosnowski |
| 2024-03-12 | House | Assigned to Revenue & Finance Committee |
| 2024-02-09 | House | Referred to Rules Committee |
| 2024-02-09 | House | First Reading |
| 2024-02-09 | House | Filed with the Clerk by Rep. Joe C. Sosnowski |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 20 | 686 | 30 | Amended Code | Citation Text |
| 35 | 120 | 5m | Amended Code | Citation Text |
| 35 | 120 | 5n | Amended Code | Citation Text |
| 35 | 45 | 110-30 | Amended Code | Citation Text |
