ECONOMIC DEVELOP-TAX CREDIT
Summary
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the Business Investment Committee of the Illinois Economic Development Board, in its review of applications for tax credits under the Act, shall give favorable consideration to the following factors: (i) the investment is proposed in a location that is within a reasonable distance of affordable housing; (ii) the investment is proposed in a location that has an available workforce within a reasonable distance so that employees do not have long commutes to work; and (iii) the investment is proposed in a community that is experiencing slow growth. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2004
Committee Review
Apr 2004
House Passage
May 2004
Senate Passage
May 2004
Signed into Law
Aug 2004
Introduced Apr 6, 2004
Signed Aug 6, 2004
Floor votes · Senate May 13, 2004 · House Apr 2, 2004
How they voted
55–0
Passed · 1 other
Total votes 56
May 13, 2004
D
Democratic30
96% Yea
R
Republican26
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
55
Key actions
9
Committee
9
Amendments
2
Aug 6, 2004
Signed into law
Governor Approved
lower
May 13, 2004
Lower · Passed
Passed Both Houses
lower
May 13, 2004
Senate · Passed
Senate Vote: pass (55-0-1)
senate
Apr 22, 2004
Upper · Passed
Do Pass Revenue; 009-000-000
upper
Apr 15, 2004
Committee
Assigned to Revenue
upper
Apr 6, 2004
Committee
Referred to Rules
upper
Apr 6, 2004
Introduced
Arrive in Senate
upper
Apr 2, 2004
House · Passed
House Vote: pass (113-0-2)
house
Apr 1, 2004
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
Apr 1, 2004
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Commerce and Business Development Committee; 017-000-000
lower
Mar 31, 2004
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Commerce and Business Development Committee
lower
Mar 30, 2004
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Mar 30, 2004
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Robin Kelly
lower
Mar 3, 2004
Lower · Passed
Do Pass / Standard Debate Housing and Urban Development Committee; 011-009-000
lower
Feb 18, 2004
Committee
Assigned to Housing and Urban Development Committee
lower
Jan 30, 2004
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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