ADVANCE SCIENCE ZONES
Summary
Creates the Advance Science Zones Act. Sets forth procedures for the Department of Commerce and Economic Opportunity to certify areas in the State as Advanced Science Zones. Sets forth procedures for the administration of the Zones. Requires the Department to establish several programs with respect to the Zones including a loan program, a financial-assistance program, a transferable investment tax credit, and a tax-deduction certification. Contains other provisions. Amends the Illinois Income Tax Act to make corresponding changes concerning the tax credits and deductions. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2007
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
20
Key actions
0
Committee
8
Amendments
4
Jan 13, 2009
Senate · Failed
Session Sine Die
Dec 3, 2007
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Rules
Mar 15, 2007
Senate · Reported by committee
Do Pass as Amended Commerce and Economic Development; 009-000-000
Mar 15, 2007
Senate · Amendment adopted
Senate Committee Amendment No. 2 Adopted
Mar 15, 2007
Senate · Amendment adopted
Senate Committee Amendment No. 1 Adopted
Mar 7, 2007
Senate · Reported by committee
Senate Committee Amendment No. 2 Rules Refers to Commerce and Economic Development
Mar 7, 2007
Senate · Reported by committee
Senate Committee Amendment No. 1 Rules Refers to Commerce and Economic Development
Mar 7, 2007
Senate · Referred to committee
Senate Committee Amendment No. 2 Referred to Rules
Mar 7, 2007
Senate · Amendment offered
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Michael Bond
Feb 28, 2007
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Rules
Feb 28, 2007
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Bond
Feb 21, 2007
Senate · Referred to committee
Assigned to Commerce and Economic Development
Feb 9, 2007
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Michael Bond
DDemocratic
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