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<xml>
<title>Illinois General Assembly - Bill Status for HB 3456         </title>
<shortdesc>TAX CREDITS-INCENTIVES STUDY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Lance Yednock</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 605/605-1025 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Requires the Department of Commerce and Economic Opportunity Law to conduct a study to determine where tax credits and incentives are located according to fields of industry. Provides that the Department shall report its findings on its website by January 1, 2020, indicating where incentives are located and the types of industries that receive exemptions. Requires the Department to make recommendations on how to increase incentives statewide. Repeals these provisions January 1, 2021. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Lance Yednock</action>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/5/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/14/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

