NEW MARKETS-CREDITS Senate SponsorsSen. Christopher Belt, John F. Curran, David Koehler, Donald P. DeWitte and Javier L. Cervantes 2/10/2026SenateAssigned to Revenue 20 ILCS 663/1520 ILCS 663/2020 ILCS 663/2520 ILCS 663/50Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately. 1/29/2026SenateFiled with Secretary by Sen. Christopher Belt 1/29/2026SenateFirst Reading 1/29/2026SenateReferred to Assignments 2/10/2026SenateAssigned to Revenue 2/25/2026SenateAdded as Co-Sponsor Sen. John F. Curran 2/25/2026SenateAdded as Co-Sponsor Sen. David Koehler 2/26/2026SenateAdded as Co-Sponsor Sen. Donald P. DeWitte 3/10/2026SenateAdded as Co-Sponsor Sen. Javier L. Cervantes 3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026