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<xml>
<title>Illinois General Assembly - Bill Status for SB 2075         </title>
<shortdesc>DCEO-TAX CREDIT REPORT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Seth Lewis, Javier L. Cervantes, Dave Syverson, Win Stoller, Andrew S. Chesney, Craig Wilcox, Sally J. Turner, Neil Anderson and Donald P. DeWitte</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/234 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/235 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/240 new</reference><aliasreference></aliasreference><SynopsisText>Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Seth Lewis</action>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/21/2023</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/21/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Javier L. Cervantes</action>
<statusdate>3/10/2023</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>3/28/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dave Syverson</action>
<statusdate>3/29/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Win Stoller</action>
<statusdate>3/30/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Andrew S. Chesney</action>
<statusdate>4/17/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Craig Wilcox</action>
<statusdate>7/18/2023</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sally J. Turner</action>
<statusdate>1/10/2024</statusdate><chamber>Senate</chamber><action>Re-assigned to Revenue</action>
<statusdate>1/26/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Neil Anderson</action>
<statusdate>2/7/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Donald P. DeWitte</action>
<statusdate>3/15/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 5, 2024</action>
<statusdate>4/5/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 3, 2024</action>
<statusdate>5/3/2024</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

