Roll Call: IL SB1711 | 2021-2022 | 102nd General Assembly
For additional roll call votes on Illinois SB1711 please see the Vote List
Bill Title: Amends the Historic Preservation Tax Credit Act. Provides that the aggregate amount of the credit may not exceed $3,000,000. Provides that credits may be awarded upon completion of the project and approval of a complete application (currently, review of the project). Provides that the taxpayer is not eligible to receive credits under that Act and as qualified River Edge Redevelopment Zone property for the same qualified expenditures or qualified rehabilitation plan. Makes various technical corrections concerning allocation of credits. Amends the Illinois Income Tax Act with respect to the Historic Preservation Tax Credit to include provisions concerning limited liability companies. Effective immediately.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Passed) 2022-05-06 - Public Act . . . . . . . . . 102-0741 [SB1711 Detail]
Text: Latest bill text (Chaptered) [HTML]
Bill Title: Amends the Historic Preservation Tax Credit Act. Provides that the aggregate amount of the credit may not exceed $3,000,000. Provides that credits may be awarded upon completion of the project and approval of a complete application (currently, review of the project). Provides that the taxpayer is not eligible to receive credits under that Act and as qualified River Edge Redevelopment Zone property for the same qualified expenditures or qualified rehabilitation plan. Makes various technical corrections concerning allocation of credits. Amends the Illinois Income Tax Act with respect to the Historic Preservation Tax Credit to include provisions concerning limited liability companies. Effective immediately.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Passed) 2022-05-06 - Public Act . . . . . . . . . 102-0741 [SB1711 Detail]
Text: Latest bill text (Chaptered) [HTML]
Vote: Third Reading in Senate
| Vote | Tally | Democrat | Republican |
|---|---|---|---|
| Yea | 58 | 41 | 17 |
| Nay | - | - | - |
| Not Voting | 1 | - | 1 |
| Absent | - | - | - |
| TOTAL | 59 | 41 | 18 |
