Bill Sponsors: IL HB0817 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity may designate areas as Quantum Computing Campuses. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act, the Electricity Excise Tax Law, the Telecommunications Excise Tax Act, the Simplified Municipal Telecommunications Tax Act, and the Gas Use Tax Law to make conforming changes. Amends the Illinois Enterprise Zone Act. Provides that a business that intends to establish a new battery energy storage solution facility at a designated location in Illinois may receive a designation as a High Impact Business. Provides that a restriction on designating businesses located in an Enterprise Zone as high impact businesses does not apply to grocery stores. Repeals provisions concerning certified payments for high impact businesses. Amends the River Edge Redevelopment Zone Act. Provides that a River Edge Redevelopment Zone may overlap with an Enterprise Zone. Provides that the Department of Commerce and Economic Opportunity may certify a specified number of additional pilot River Edge Zones. Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that certain credits under the Act may be taken against the taxpayer's withholding tax liability. Contains provisions concerning work hours at the project location. Amends the Reimagining Energy and Vehicles in Illinois Act. Adds provisions concerning credits awarded for research and development activities related to aircraft. Amends the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Extends the provisions of the Act to quantum computer manufacturers. Specifies that, in order to receive credit for construction expenses under the Act, a company must provide the Department of Commerce and Economic Opportunity with evidence that a certified third-party executed an Agreed-Upon Procedure (AUP) verifying the construction expenses or accept the standard construction wage expense estimated by the Department of Commerce and Economic Opportunity. Amends the Property Tax Code. Provides that 2 or more taxing districts may agree to abate a portion of the real property taxes otherwise levied or extended by those taxing districts on a REV Illinois Project facility. Provides that abatements for REV project facilities may not exceed a period of 30 consecutive years. Amends the Illinois Income Tax Act to extend the sunset of the research and development credit. Amends the Illinois Income Tax Act and the Film Production Services Tax Credit Act of 2008. Provides that taxpayers who have been awarded a tax credit under the Film Production Services Tax Credit Act of 2008 shall pay a fee to the Department of Commerce and Economic Opportunity. Sets forth the amount of the fee. Provides that the fee shall be deposited into the Illinois Production Workforce Development Fund. Provides that, beginning on July 1, 2024, a taxpayer is no longer required to pay a fee to the Department of Commerce and Economic Opportunity for the transfer of credits under the Film Production Services Tax Credit Act of 2008. Makes other changes. Effective immediately.

Spectrum: Strong Partisan Bill (Democrat 14-1)

Status: (Engrossed) 2024-05-25 - Added as Alternate Co-Sponsor Sen. Adriane Johnson [HB0817 Detail]

Text: Latest bill text (Engrossed) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Dave Vella [D]PrimarySponsored BillsHD-068FollowTheMoneyBallotpediaVoteSmart
Representative Jehan Gordon-Booth [D]CosponsorSponsored BillsHD-092FollowTheMoneyBallotpediaVoteSmart
Representative Stephanie Kifowit [D]CosponsorSponsored BillsHD-084FollowTheMoneyBallotpediaVoteSmart
Representative Gregg Johnson [D]CosponsorSponsored BillsHD-072FollowTheMoneyBallotpediaVoteSmart
Representative Anthony DeLuca [D]CosponsorSponsored BillsHD-080FollowTheMoneyBallotpediaVoteSmart
Representative Marcus Evans [D]CosponsorSponsored BillsHD-033FollowTheMoneyBallotpediaVoteSmart
Representative Carol Ammons [D]CosponsorSponsored BillsHD-103FollowTheMoneyBallotpediaVoteSmart
Representative Norma Hernandez [D]CosponsorSponsored BillsHD-077FollowTheMoneyBallotpediaVoteSmart
Representative Lilian Jimenez [D]CosponsorSponsored BillsHD-004FollowTheMoneyBallotpediaVoteSmart
Representative Dagmara Avelar [D]CosponsorSponsored BillsHD-085FollowTheMoneyBallotpediaVoteSmart
Representative Randy Frese [R]CosponsorSponsored BillsHD-099FollowTheMoneyBallotpediaVoteSmart
Representative Michael Kelly [D]CosponsorSponsored BillsHD-015N/ABallotpediaVoteSmart
Representative Ann Williams [D]CosponsorSponsored BillsHD-011FollowTheMoneyBallotpediaVoteSmart
Senator Don Harmon [D]PrimarySponsored BillsSD-039FollowTheMoneyBallotpediaVoteSmart
Senator Adriane Johnson [D]CosponsorSponsored BillsSD-030N/ABallotpediaVoteSmart

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