POWER FOR JOBS ACT Senate SponsorsSen. Deanna Demuzio-Arthur J. Wilhelmi-Mike Jacobs-Martin A. Sandoval House Sponsors(Rep. Jim Watson-Gary Hannig-Annazette Collins-Kurt M. Granberg) 1/9/2007SenateSession Sine Die New ActCreates the Power for Jobs Act. Contains only a short title provision.Senate Floor Amendment No. 1 Deletes reference to:New ActAdds reference to:20 ILCS 605/605-750 new35 ILCS 5/216 newDeletes everything after the enacting clause. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Authorizes the Department of Commerce and Economic Opportunity to establish and maintain a pilot program to ensure the availability and affordability of electric service to businesses that are considering relocating outside of Illinois or businesses that wish to locate to Illinois. Provides that, under this pilot program, participating energy providers shall receive an income tax credit for discounting certified amounts from the energy bill of an approved business. Provides that the amount certified by the Department may not exceed $1,000,000 in any one fiscal year. The Department must adopt rules to implement and administer this program. Sets forth procedures for the program. Requires the Department to report to the General Assembly concerning the pilot program. Amends the Illinois Income Tax Act to create the income tax credit for participating energy providers under the program. Effective immediately. 1/26/2005SenateFiled with Secretary by Sen. Deanna Demuzio 1/26/2005SenateFirst Reading 1/26/2005SenateReferred to Rules 2/3/2005SenateAssigned to Commerce & Economic Development 3/3/2005SenatePostponed - Commerce & Economic Development 3/9/2005SenatePostponed - Commerce & Economic Development 3/17/2005SenateDo Pass Commerce & Economic Development; 007-002-000 3/17/2005SenatePlaced on Calendar Order of 2nd Reading April 6, 2005 4/6/2005SenateSecond Reading 4/6/2005SenatePlaced on Calendar Order of 3rd Reading April 7, 2005 4/11/2005SenateAdded as Chief Co-Sponsor Sen. Arthur J. Wilhelmi 4/11/2005SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Deanna Demuzio 4/11/2005SenateSenate Floor Amendment No. 1 Referred to Rules 4/12/2005SenateSenate Floor Amendment No. 1 Rules Refers to Commerce & Economic Development 4/12/2005SenateSenate Floor Amendment No. 1 Recommend Do Adopt Commerce & Economic Development; 007-000-000 4/14/2005SenateAdded as Chief Co-Sponsor Sen. Mike Jacobs 4/14/2005SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval 4/14/2005SenateRecalled to Second Reading 4/14/2005SenateSenate Floor Amendment No. 1 Adopted; Demuzio 4/14/2005SenatePlaced on Calendar Order of 3rd Reading 4/14/2005SenateThird Reading - Passed; 058-000-000 4/14/2005HouseArrived in House 4/14/2005HousePlaced on Calendar Order of First Reading 4/19/2005HouseChief House Sponsor Rep. Jim Watson 4/26/2005HouseFirst Reading 4/26/2005HouseReferred to Rules Committee 4/27/2005HouseAssigned to Executive Committee 5/3/2005HouseAdded Alternate Chief Co-Sponsor Rep. Gary Hannig 5/3/2005HouseAdded Alternate Chief Co-Sponsor Rep. Annazette Collins 5/4/2005HouseAdded Alternate Chief Co-Sponsor Rep. Kurt M. Granberg 5/13/2005HouseRule 19(a) / Re-referred to Rules Committee 1/9/2007SenateSession Sine Die