SB1505
View on ILGASMALL BUSINESS TAX CREDIT
What this bill does
Amends the Small Business Job Creation Tax Credit Act. Renews the program for incentive periods beginning on or after July 1, 2025 and ending on or before June 30, 2032. Removes language concerning the Put Illinois to Work Program for the second series of incentive periods. Provides that the term "full-time employee" means an individual who is employed for a basic wage for at least 35 hours each week (currently, employed for a basic wage for at least 35 hours each week or renders any other standard of service generally accepted by industry custom or practice as full-time employment). Provides that a net increase in the number of full-time Illinois employees shall be treated as continuous if a different new employee is hired as a replacement within 8 weeks after the position becomes vacant (currently, a reasonable time). Effective immediately.
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Pipeline Progress
Current stage: In Committee · Last action 404 days ago · STAGNANT
How does a bill become law in Illinois?
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Introduction of Bill
A member of the Senate or the House introduces a bill, which is assigned a unique identifying number (e.g., "H.B. ___" for House bills and "S.B. ___" for Senate bills). If not enacted, it must be reintroduced in the next General Assembly with a new number.
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Committee Work — Hearings
The bill goes to the appropriate committee, which holds hearings to gather expert opinions and determine the need for the legislation.
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Committee Work — Markup, Amendments, Report
The committee may make amendments to the bill. If approved, a committee report endorsing the bill is issued.
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Floor Debate
The bill is debated and can be further amended. The debate transcripts are accessible online for public viewing.
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Passage and Consideration in Second Chamber
If the bill passes in the first chamber, it moves to the second chamber for a similar review process. If both chambers approve, it goes to the governor.
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Gubernatorial Action
The governor can sign the bill into law, veto it, or take no action (resulting in an automatic law after 60 days). The type of veto can be total or amendatory. Once signed, the bill becomes a Public Act and is assigned a Public Act number.
Sponsor Context
Hearings
This bill has not been scheduled for a committee hearing.
Witness slips
8 slips filed. Proponent / opponent / no position as filed with the committee.
| Name | Organization | Representing | Position | Hearing committee | Hearing date |
|---|---|---|---|---|---|
| Haydee Caldero | Project Ownership | Project Ownership | Proponent | Revenue | 2025-05-14 |
| Kim Schilf | Lincoln Park Chamber of Commerce | Lincoln Park Chamber of Commerce | Proponent | Revenue | 2025-05-14 |
| Mia Sakai | Andale Market LLC | Mia Sakai | Proponent | Revenue | 2025-05-14 |
| MR THOMAS REID MACKIN | SELF | self | Proponent | Revenue | 2025-05-14 |
| Stacey Kalamaras | Kalamaras Law Office, LLC | Kalamaras Law Office, LLC | Proponent | Revenue | 2025-05-14 |
| Teresa A Dason | Winnetka-Northfield-Glencoe-Chamber of Commerce | Winnetka-Northfield-Glencoe Chamber of Commerce | Proponent | Revenue | 2025-05-14 |
| Tonya Trice | South Shore Chamber of Commerce | South Shore Chamber of Commerce | Proponent | Revenue | 2025-05-14 |
| Elliot Richardson | Small Business Advocacy Council | Elliot Richard - The Small Business Advocacy Council | Proponent | Revenue | 2025-03-19 |
Action History
23 actions recorded. Last action: 2025-06-02 — Rule 3-9(a) / Re-referred toAssignments. Each action's meaning and outcome signal are classified automatically.
All actions (table)
| Date | Chamber | Action | Category | Signal |
|---|---|---|---|---|
| 2025-02-04 | Senate | Filed with Secretary bySen. Willie Preston Rule 2-7(b) | Introduction & Filing | — |
| 2025-02-04 | Senate | First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38 | Introduction & Filing | — |
| 2025-02-04 | Senate | Referred toAssignments Senate Rule 3-8(a); House Rule 18(a) | Committee Assignment | — |
| 2025-02-11 | Senate | Assigned toRevenue Senate Rule 3-8(a); House Rule 18(b) | Committee Assignment | — |
| 2025-02-14 | Senate | Added as Co-SponsorSen. Adriane Johnson Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-02-21 | Senate | Added as Co-SponsorSen. Mattie Hunter Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-02-24 | Senate | Added as Co-SponsorSen. Laura Fine Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-03-05 | Senate | Added as Co-SponsorSen. Bill Cunningham Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-03-20 | Senate | Added as Co-SponsorSen. Laura M. Murphy Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-03-21 | Senate | Rule 2-10 Committee Deadline Established As April 11, 2025 Rule 2-10(a)(3-4) | Deadlines & Re-referrals | — |
| 2025-04-11 | Senate | Rule 2-10 Committee Deadline Established As May 9, 2025 Rule 2-10(a)(3-4) | Deadlines & Re-referrals | — |
| 2025-04-24 | Senate | Added as Co-SponsorSen. Robert Peters Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-04-30 | Senate | Added as Co-SponsorSen. Mike Simmons Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-02 | Senate | Added as Co-SponsorSen. Christopher Belt Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-06 | Senate | Added as Co-SponsorSen. Mary Edly-Allen Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-08 | Senate | Added as Co-SponsorSen. Mike Porfirio Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-08 | Senate | Added as Co-SponsorSen. Chris Balkema Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-08 | Senate | Added as Co-SponsorSen. Sara Feigenholtz Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-08 | Senate | Added as Co-SponsorSen. Cristina Castro Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-09 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025 Rule 2-10(a) | Deadlines & Re-referrals | — |
| 2025-05-14 | Senate | Added as Co-SponsorSen. Craig Wilcox Senate Rule 5-1(a); House Rule 37(a) | Co-Sponsorship | Mild + |
| 2025-05-23 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025 Rule 2-10(a) | Deadlines & Re-referrals | — |
| 2025-06-02 | Senate | Rule 3-9(a) / Re-referred toAssignments Rule 3-9(a) | Deadlines & Re-referrals | Mild − |