IL SB1704 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-03-19 - Added as Chief Co-Sponsor Sen. Patricia Van Pelt
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the Department of Commerce and Economic Opportunity shall not issue a tax certificate to any taxpayer under this Act unless the taxpayer first submits a supplier diversity report. Provides that the Department of Commerce and Economic Opportunity shall publish on its website all supplier diversity reports filed by taxpayers under this Act and maintain those reports for at least 5 years.

Tracking Information

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Title

EDGE TAX CREDIT-DIVERSITY

Sponsors


History

DateChamberAction
2021-03-19SenateAdded as Chief Co-Sponsor Sen. Patricia Van Pelt
2021-03-18SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
2021-03-17SenateAdded as Co-Sponsor Sen. Mattie Hunter
2021-02-26SenateReferred to Assignments
2021-02-26SenateFirst Reading
2021-02-26SenateFiled with Secretary by Sen. Cristina Castro

Code Citations

ChapterArticleSectionCitation TypeStatute Text
35105-57Amended CodeCitation Text

Illinois State Sources


Bill Comments

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