GA96SB2559 96 SB 2559 HISTORIC PRESERVATION CREDIT Creates the Historic Preservation Tax Credit Act. Provides for an income tax credit in an amount equal to 25% of qualified expenditures incurred by a qualified taxpayer for the restoration and preservation of a qualified historic structure. Provides that the credit may be carried forward for up to 10 years. Provides that the credit may be sold, assigned, conveyed, or transferred. Provides that the cumulative amount of credits awarded under the Act may not exceed $25,000,000 per year per county. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=2559&GAID=10&DocTypeID=SB&LegId=49335&SessionID=76&GA=96 2010-03-16 00:00:00 Senate Senate Floor Amendment No. 1 Assignments Refers to Commerce 0 14 SCOM 2010-04-22 00:00:00 House Added Alternate Co-Sponsor Rep. Michael J. Zalewski 0 46 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Lisa M. Dugan 0 42 2010-04-02 00:00:00 House Added Alternate Co-Sponsor Rep. Kenneth Dunkin 0 44 2010-04-08 00:00:00 House Assigned to Revenue & Finance Committee 0 45 HREF 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Jack D. Franks 0 43 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Karen A. Yarbrough 0 41 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Daniel V. Beiser 0 38 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Michael K. Smith 0 39 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Bill Mitchell 0 40 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Careen M. Gordon 0 37 2010-03-25 00:00:00 House Added Alternate Co-Sponsor Rep. Thomas Holbrook 0 36 2010-03-25 00:00:00 House Added Alternate Chief Co-Sponsor Rep. Jay C. Hoffman 0 34 2010-03-25 00:00:00 House Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios 0 35 2010-03-24 00:00:00 House Added Alternate Chief Co-Sponsor Rep. Dave Winters 0 33 2010-03-18 00:00:00 House Referred to Rules Committee 0 31 HRUL 2010-03-22 00:00:00 House Added Alternate Chief Co-Sponsor Rep. Jehan A. Gordon 0 32 2010-03-18 00:00:00 House First Reading 1 30 2010-03-18 00:00:00 House Placed on Calendar Order of First Reading 0 29 2010-03-18 00:00:00 Senate Added as Co-Sponsor Sen. Jeffrey M. Schoenberg 0 20 2010-03-18 00:00:00 Senate Added as Co-Sponsor Sen. Pamela J. Althoff 0 21 2010-03-18 00:00:00 Senate Added as Co-Sponsor Sen. Kyle McCarter 0 22 2010-03-18 00:00:00 Senate Recalled to Second Reading 0 23 2010-03-18 00:00:00 Senate Senate Floor Amendment No. 1 Adopted; Koehler 0 24 2010-03-18 00:00:00 Senate Placed on Calendar Order of 3rd Reading 0 25 2010-03-18 00:00:00 House Chief House Sponsor Rep. Greg Harris 0 28 2010-03-18 00:00:00 House Arrived in House 0 27 2010-03-18 00:00:00 Senate Third Reading - Passed; 048-006-000 1 26 2010-03-18 00:00:00 Senate Added as Co-Sponsor Sen. Mattie Hunter 0 19 2010-03-17 00:00:00 Senate Added as Co-Sponsor Sen. Kirk W. Dillard 0 18 2010-03-16 00:00:00 Senate Added as Chief Co-Sponsor Sen. Don Harmon 0 15 2010-03-17 00:00:00 Senate Added as Co-Sponsor Sen. Iris Y. Martinez 0 16 2010-03-17 00:00:00 Senate Senate Floor Amendment No. 1 Recommend Do Adopt Commerce; 009-000-000 0 17 SCOM 2010-03-12 00:00:00 Senate Senate Floor Amendment No. 1 Referred to Assignments 0 13 SCOA 2010-03-11 00:00:00 Senate Placed on Calendar Order of 3rd Reading March 12, 2010 0 10 2010-03-12 00:00:00 Senate Added as Chief Co-Sponsor Sen. Kwame Raoul 0 11 2010-03-12 00:00:00 Senate Senate Floor Amendment No. 1 Filed with Secretary by Sen. David Koehler 0 12 2010-03-04 00:00:00 Senate Placed on Calendar Order of 2nd Reading March 9, 2010 0 8 2010-03-11 00:00:00 Senate Second Reading 1 9 2010-03-04 00:00:00 Senate Do Pass Commerce; 009-000-000 0 7 SCOM 2010-02-18 00:00:00 Senate Added as Co-Sponsor Sen. Michael Noland 0 6 2010-02-18 00:00:00 Senate Postponed - Commerce 0 5 SCOM 2010-02-10 00:00:00 Senate Assigned to Commerce 0 4 SCOM 2010-02-09 00:00:00 Senate Added as Chief Co-Sponsor Sen. Dale E. Risinger 0 3 2010-01-13 00:00:00 Senate Referred to Assignments 0 2 SCOA 2010-01-13 00:00:00 Senate First Reading 1 1 2010-01-13 00:00:00 Senate Filed with Secretary by Sen. David Koehler 0 0 2010-04-23 00:00:00 House Rule 19(a) / Re-referred to Rules Committee 1 47 HRUL KennethDunkin House Co-Sponsor KyleMcCarter Senate Co-Sponsor JackDFranks House Co-Sponsor LisaMDugan House Co-Sponsor KarenAYarbrough House Co-Sponsor BillMitchell House Co-Sponsor MichaelKSmith House Co-Sponsor DanielVBeiser House Co-Sponsor CareenMGordon House Co-Sponsor ThomasHolbrook House Co-Sponsor PamelaJAlthoff Senate Co-Sponsor MattieHunter Senate Co-Sponsor JeffreyMSchoenberg Senate Co-Sponsor KirkWDillard Senate Co-Sponsor MichaelNoland Senate Co-Sponsor IrisYMartinez Senate Co-Sponsor MariaAntoniaBerrios House Chief Co-Sponsor DaveWinters House Chief Co-Sponsor JayCHoffman House Chief Co-Sponsor KwameRaoul Senate Chief Co-Sponsor DonHarmon Senate Chief Co-Sponsor JehanAGordon House Chief Co-Sponsor DaleERisinger Senate Chief Co-Sponsor DavidKoehler Senate Chief Sponsor GregHarris House Chief Sponsor MichaelJZalewski House Co-Sponsor