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SB 3527 Illinois Senate · 100th Regular Session

RIVER EDGE REDEVELOPMENT TAX

Summary
Amends the Illinois Income Tax Act. Provides that taxpayers of a qualified historic structure located in a River Edge Redevelopment Zone shall be allowed a tax credit against certain provisions of the Illinois Insurance Code during a 48-month period. Provides that a taxpayer is required to provide a third-party cost certification regarding costs attributable to the rehabilitation of a historic building when the costs exceed $200,000. Defines "phased rehabilitation" and "placed in service". Amends the Illinois Insurance Code. Makes conforming changes. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
Senate Passage
May 2018
House Passage
May 2018
Signed into Law
Jul 2018
Introduced Apr 26, 2018 Signed Jul 26, 2018
Floor votes · Senate May 31, 2018 · House May 31, 2018

How they voted

42–0
Passed · 6 other
Total votes 48
May 31, 2018
D Democratic28
25 Yea 3
89% Yea
R Republican20
17 Yea 3
85% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
78
Key actions
16
Committee
21
Amendments
11
Jul 26, 2018
Signed into law
Governor Approved
upper
May 31, 2018
Upper · Passed
Passed Both Houses
upper
May 31, 2018
Introduced
House Floor Amendment No. 3 Senate Concurs 051-000-000
upper
May 31, 2018
Upper · Passed
House Committee Amendment No. 1 Senate Concurs 051-000-000
upper
May 31, 2018
Introduced
House Floor Amendment No. 3 Motion to Concur Be Approved for Consideration Assignments
upper
May 31, 2018
Upper · Passed
House Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
upper
May 31, 2018
Committee
House Floor Amendment No. 3 Motion to Concur Referred to Assignments
upper
May 31, 2018
Committee
House Committee Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 31, 2018
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1, 3 - May 31, 2018
upper
May 31, 2018
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1, 3
upper
May 31, 2018
Lower · Passed
House Floor Amendment No. 3 Adopted
lower
May 30, 2018
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 011-000-000
lower
May 30, 2018
Lower · Passed
House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee
lower
May 29, 2018
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
May 29, 2018
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Jehan Gordon-Booth
lower
May 29, 2018
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 007-004-000
lower
May 28, 2018
Lower · Passed
House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
lower
May 28, 2018
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
May 28, 2018
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Jehan Gordon-Booth
lower
May 17, 2018
Lower · Passed
Do Pass as Amended / Short Debate Revenue & Finance Committee; 011-000-000
lower
May 17, 2018
Lower · Passed
House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
lower
May 14, 2018
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
May 11, 2018
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
May 11, 2018
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth
lower
May 7, 2018
Committee
Assigned to Revenue & Finance Committee
lower
Apr 26, 2018
Committee
Referred to Rules Committee
lower
Apr 26, 2018
Introduced
Arrived in House
lower
Apr 25, 2018
Upper · Passed
Do Pass as Amended Revenue; 006-000-000
upper
Apr 25, 2018
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Apr 25, 2018
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Revenue
upper
Apr 25, 2018
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Apr 25, 2018
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Steve Stadelman
upper
Apr 13, 2018
Upper · Passed
Rule 2-10 Committee Deadline Established As April 27, 2018
upper
Feb 27, 2018
Committee
Assigned to Revenue
upper
Feb 16, 2018
Committee
Referred to Assignments
upper
0 primary · 9 co-sponsors

Sponsors

No sponsor information available.