Illinois Senate Bill 3067: NEW MARKETS-CREDITS

Illinois · 104th session

Status: In committee

What it does

Amends 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.

Latest action

Rule 3-9(a) / Re-referred to Assignments (2026-05-22)

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