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SB 1656 Illinois Senate · 100th Regular Session

RENEWABLE CHEMICAL TAX CREDIT

Summary
Creates the Renewable Chemical Production Tax Credit Program Act. Provides a credit against taxes imposed under the Illinois Income Tax Act for eligible businesses that produces a renewable chemical in this State from biomass feedstock. Provides eligibility requirements and for the amount and applicability of the credit. Defines terms. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2017 Last action Jan 9, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
18
Key actions
4
Committee
9
Amendments
1
Apr 7, 2017
Committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
upper
Apr 7, 2017
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 6, 2017
Upper · Passed
Senate Committee Amendment No. 1 Postponed - Revenue
upper
Mar 17, 2017
Upper · Passed
Rule 2-10 Committee Deadline Established As April 7, 2017
upper
Mar 16, 2017
Upper · Passed
Senate Committee Amendment No. 1 Postponed - Revenue
upper
Mar 15, 2017
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Revenue
upper
Mar 9, 2017
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 9, 2017
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Andy Manar
upper
Feb 28, 2017
Committee
Assigned to Revenue
upper
Feb 9, 2017
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.