SB 3725 Illinois Senate · 101st Regular Session

INC TX-PPRT INVESTMENT CREDIT

Summary
Amends the Illinois Income Tax Act. Provides that the personal property tax replacement income tax credit for investments in qualified property applies for costs incurred on or after the effective date and on or before December 31, 2024 (currently, December 31, 2018). Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2020 Last action May 15, 2020
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
16
Key actions
0
Committee
9
May 7, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As May 22, 2020
Apr 30, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As May 15, 2020
Apr 23, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As May 7, 2020
Apr 16, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 30, 2020
Apr 12, 2020
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Mar 25, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 24, 2020
Mar 18, 2020
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 2, 2020
Mar 12, 2020
Senate · Referred to committee
Assigned to Revenue
Feb 14, 2020
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Chuck Weaver
Chuck Weaver
RRepublican
IL
37