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Bill: HB 162
Sponsor: 
Rep. Zalewski  – Sen. Bush
Status:
P.A. 100-0511 
Position: 
Support 
Description: 
Extension and reinstatement of the EDGE program.

Bill: HB 818 // SB 1744 
Sponsor:
Rep. Zalewski // Sen. Nybo 
Status:
Assigned to House Revenue & Finance // Senate Revenue 
Position:
Support — Chamber Initiative 
Description:
Both bills would create a sales and use tax exemption for tangible personal property used in the construction or operation of a new or existing data center.

Bill: HB 1814 // SB 1701 
Sponsor:
Rep. K. Wheeler // Sen. Althoff 
Status:
House Executive // Senate Assignments 
Position:
Support — Chamber Initiative 
Description:
Both bills amend the Illinois False Claims Act (the “IFCA”) to correct abuses allowed under current law.

Bill: HB 2717 
Sponsor:  
Rep. Welch 
Status:
House Revenue 
Position:
Oppose 
Description: 
Provides that, subject to certain restrictions, if the Department of Revenue may disclose confidential financial information to a municipality or county, then the Department of Revenue may also disclose that financial information to an independent third party who is authorized in writing by that municipality or county to receive the information.

Bill: HB 2744 // SB 1766
Sponsor: Rep. Zalewski // Sen. Weaver 
Status:
 House Revenue // Senate Revenue 
Position:
Support — Chamber Initiative 
Description:
 Both bills would replace the EDGE credit with a new Business and Employment Development Tax credit, effective for tax years beginning on and after January 1, 2018. This new credit legislation would be administered by the Department of Commerce and Economic Opportunity and would consist of credits against the Illinois Income Tax Act for investment and increasing employment in Illinois, with additional credits granted for creating jobs with wages in excess of 150% of the Illinois minimum wage, and for increasing employment in areas of high poverty.

Bill: HB 2746 // SB 1327 
Sponsor:
Rep. Zalewski // Sen. McCarter 
Status:
 House Revenue // Senate Revenue 
Position:
Support — Chamber Initiative 
Description:
Both bills would reinstate the graphic arts machinery and equipment exemption from Illinois sales and use taxes. Expand the statutory definitions of manufacturing machinery and equipment and graphic arts machinery and equipment to include production-related property as exempt from sales and use taxes.

Bill: HB 2834 
Sponsor:
Rep. McCombie 
Status:
House Revenue 
Position:
Support — Chamber Initiative 
Description:
Would extend the sunset date of the EDGE credit for an additional 5 years from December 31, 2016.

Bill: HB 2914 
Sponsor:
Rep. Gabel
Status:
House Human Services
Position:
Oppose
Description:
Imposes a tax on distributors of sugar-sweetened beverages in the State at the rate of $0.01 per ounce. Contains provisions concerning the distribution of the proceeds from the tax. Creates a multi-sector Advisory Council for Health and Wellness to govern the distribution of the proceeds.

Bill: HB 3245 // SB 1803
Sponsor:
Rep. Winger // Sen. Brady 
Status:
House Revenue // Senate Revenue 
Position:
Support — Chamber Initiative 
Description:
Both bills reinstate and extend the sunset (expiration) date of the expanded temporary storage exemption from the sales and use taxes.

Bill: HB 3263
Sponsor:
Rep. Zalewski 
Status:  
House Revenue 
Position:
Support — Chamber Initiative  
Description:
HB 3263 expands the jurisdiction of the Independent Tax Tribunal to all protests of assessments of all taxes administered by the Illinois Department of Revenue and property tax and sales tax exemption determinations of the Illinois Department of Revenue.

Bill: HB 3393 // SB 1719
Sponsor:
Rep. Welch // Sen. Biss 
Status:  
House 2nd Reading // Senate Revenue 
Position:
Oppose
Description: 
HB 3393 (Welch) and SB 1719 (Biss) would both put Illinois’ vital financial service sector and the tens of thousands of jobs it employs at risk by imposing a new 20% gross receipts tax on partnerships and S corps engaged in the business of conducting investment management services.  Illinois has benefited from being a top ten globally-recognized financial hub.  HB 3393 and SB 1719 would hurt our state’s global reputation and would force investors to look to less hostile cities such as Boston, Dallas, and Charlotte.

Bill: HB 3419
Sponsor:
Rep. Andrade – Sen. Martinez 
Status:
Public Act . . . . . . . . . 100-0551
Position:
Oppose 
Description:
 The legislation also amends the Procurement Code to forbid “expatriate” companies from bidding on state contracts, as well as amending state pension laws to forbid investment by the state pension systems in “expatriate” companies.

Bill: HB 3430
Sponsor:
Rep. K. Wheeler 
Status:
 House Revenue 
Position:
Support — Chamber Initiative 
Description:
HB 3430  would expand the Manufacturing Machinery and Equipment exemption to include “production-related tangible personal property formerly subject to the manufacturers’ purchase credit.

Bill: HB 3433 
Sponsor:
Rep. K. Wheeler 
Status:
House Revenue 
Position:
Support — Chamber Initiative 
Description:
HB 3433 would reinstate the Research and Development Illinois income tax credit and make the credit permanent. The Chamber’s proposal will also strengthen the research and development credit by extending the credit carryforward period from 5 years to 20 years and by modifying the base period calculation for purposes of calculating the required increase in qualifying expenditures.

Bill: HB 3637 // SB 1249 
Sponsor:
Rep. Batinick // Sen. Althoff 
Status:
House Revenue // Senate 2nd Reading 
Position:
Support — Chamber Initiative 
Description:  
Both bills amend the Uniform Penalty and Interest Act to automatically rescind underpayment penalties on taxpayers that are more than 95% compliant.

Bill: SB 9 
Sponsor:
Sen. Hutchinson – Rep. Davis  
Status:
Public Act 100-0022
Position:
Opposed 
Description:
This is the revenue omnibus bill.  Below are are some pertinent highlights of what is law and what was left out in the revenue portion of the package laid out under SB 9:

  • Service taxes, soda taxes, satellite or streaming taxes as proposed in earlier versions were removed;
  • Income taxes are permanently increased for individuals to 4.95% (from 3.75) and 7% for corporations (from 5.25) beginning July 1, 2017;
  • A complete rewrite of the state’s unclaimed property law, which we oppose;
  • Graphic arts machinery and equipment exemption is restored;
  • The expansion of the manufacturing machinery and equipment exemption to include production-related tangible personal property formerly covered by the expired manufacturers’ purchase credit was removed from the final version of SB 9;
  • The R&D credit is restored retroactively;
  • Illinois Income Tax Act is decoupled from the federal Domestic Production Activities Deduction;
  • Unitary business non-combination rule is repealed;
  • The definition of the United States is amended to include areas of U.S jurisdiction for the purposes of natural resource exploration;
  • Earned income tax credit and education expense credits are increased;
  • Gasohol will subject to sales tax at 100% of selling price – currently taxed at 80% of selling price; and,
  • Creates the Uniform State Tax Lien Registration Act.

Bill: SB 472
Sponsor:
Sen. Mulroe 
Status:
Senate 2nd Reading 
Position:
Oppose
Description:
Amendment 1 to SB 472 (Mulore) would eliminate most of the current credits and exemptions under the Illinois Income Tax Act and the sales and use tax acts.  A number of the credits would not be eliminated completely, but rather in the case of some individual credits like the property tax credit from the income tax would be eliminated for individuals with adjusted gross income over $250,000 or $500,000 in the case of a married couple filing jointly.  Additionally, other credits such as the farm machinery and equipment exemption from the sales and use taxes tax would be imposed on 50% of the proceeds of sales of previously exempt property.

Bill: SB 859 
Sponsor:
Sen. Nybo 
Status:
Assigned to Senate Revenue 
Position:
Support — Chamber Initiative 
Description:
SB 859 would eliminate the “throwback” rule from the Illinois Income Tax Act (“IITA”) that taxes Illinois companies on sales made to other states.

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