---
type: "Bill"
title: "ECONOMIC DEVEL TAX CREDIT ACT"
description: "ECONOMIC DEVEL TAX CREDIT ACT"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "91st"
identifier: "SB 40"
citation: "Illinois SB 40 (91st)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 64
vote_count: 0
first_action: "1999-01-27T00:00:00-06:00"
last_action: "1999-08-11T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/0a4694be-c5ea-4fce-8213-ee6057cbf4d1"
source_url: "http://www.ilga.gov/legislation/legisnet91/91gatoc.html"
source_hash: "768993dc1093b983bb8e3d17027bf8dd2ec6229d2be1803b5560987459c29c78"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois SB 40 (91st) — ECONOMIC DEVEL TAX CREDIT ACT

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB0040** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet91/sbgroups/sb/910SB0040LV.html)

## Sponsors

- BOST — cosponsor (person)
- CLAYBORNE — cosponsor (person)
- DAVIS,STEVE — cosponsor (person)
- DILLARD — cosponsor (person)
- DONAHUE — cosponsor (person)
- HOFFMAN — cosponsor (person)
- HOLBROOK — cosponsor (person)
- JONES,JOHN — cosponsor (person)
- NOLAND — cosponsor (person)
- PARKER — cosponsor (person)
- WATSON — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **1999-01-27T00:00:00-06:00** FIRST READING `reading-1`
- **1999-01-27T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **1999-01-27T00:00:00-06:00** ASSIGNED TO COMMITTEE REVENUE `referral-committee`
- **1999-02-02T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR CLAYBORNE
- **1999-02-18T00:00:00-06:00** TO SUBCOMMITTEE
- **1999-03-18T00:00:00-06:00** AMENDMENT NO. 01-REVENUE S
- **1999-03-18T00:00:00-06:00** ADOPTED `passage`
- **1999-03-18T00:00:00-06:00** DO PASS AS AMENDED 010-000-000 SREV
- **1999-03-18T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 2ND READING 99-03-19
- **1999-03-23T00:00:00-06:00** SECOND READING `reading-2`
- **1999-03-23T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 99-03-24
- **1999-03-23T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR DILLARD
- **1999-03-24T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **1999-03-24T00:00:00-06:00** AMENDMENT NO. 02-WATSON
- **1999-03-24T00:00:00-06:00** AMENDMENT REFERRED TO SRUL
- **1999-03-24T00:00:00-06:00** AMENDMENT NO. 02-WATSON
- **1999-03-24T00:00:00-06:00** RULES REFERS TO SREV
- **1999-03-24T00:00:00-06:00** AMENDMENT NO. 02-WATSON
- **1999-03-24T00:00:00-06:00** BE APPROVED FOR CONSIDERATION SREV/009-000-000
- **1999-03-24T00:00:00-06:00** RECALLED TO SECOND READING
- **1999-03-24T00:00:00-06:00** AMENDMENT NO. 02-WATSON
- **1999-03-24T00:00:00-06:00** ADOPTED `passage`
- **1999-03-24T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25
- **1999-03-24T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR NOLAND
- **1999-03-25T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **1999-03-25T00:00:00-06:00** AMENDMENT NO. 03-WATSON
- **1999-03-25T00:00:00-06:00** AMENDMENT REFERRED TO SRUL
- **1999-03-25T00:00:00-06:00** CALENDAR ORDER OF 3RD READING 99-03-25
- **1999-03-25T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR PARKER
- **1999-03-25T00:00:00-06:00** THIRD READING - PASSED 059-000-000 `reading-3`
- **1999-03-25T00:00:00-06:00** TABLED PURSUANT TO RULE 5-4(A) SA 03
- **1999-03-25T00:00:00-06:00** THIRD READING - PASSED 059-000-000 `reading-3`
- **1999-03-25T00:00:00-06:00** ARRIVE IN HOUSE
- **1999-03-25T00:00:00-06:00** HOUSE SPONSOR HOLBROOK
- **1999-03-25T00:00:00-06:00** ADDED AS A JOINT SPONSOR HOFFMAN
- **1999-03-25T00:00:00-06:00** ADDED AS A JOINT SPONSOR DAVIS,STEVE
- **1999-03-25T00:00:00-06:00** FIRST READING `reading-1`
- **1999-03-25T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **1999-04-14T00:00:00-05:00** ASSIGNED TO COMMITTEE REVENUE `referral-committee`
- **1999-04-27T00:00:00-05:00** JOINT-ALTERNATE-SPONSOR CHANGED TO BOST
- **1999-04-27T00:00:00-05:00** ADDED AS A JOINT SPONSOR JONES,JOHN
- **1999-04-29T00:00:00-05:00** AMENDMENT NO. 01-REVENUE H
- **1999-04-29T00:00:00-05:00** ADOPTED `passage`
- **1999-04-29T00:00:00-05:00** DO PASS AMENDED/SHORT DEBATE 008-000-000 HREV
- **1999-04-29T00:00:00-05:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **1999-05-04T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **1999-05-04T00:00:00-05:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **1999-05-05T00:00:00-05:00** THIRD READING/SHORT DEBATE/PASSED 116-000-000 `reading-3`
- **1999-05-06T00:00:00-05:00** SECRETARYS DESK - CONCURRENCE 01
- **1999-05-12T00:00:00-05:00** FILED WITH SECRETARY `introduction`
- **1999-05-12T00:00:00-05:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WATSON
- **1999-05-12T00:00:00-05:00** MOTION REFERRED TO SRUL
- **1999-05-12T00:00:00-05:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WATSON
- **1999-05-12T00:00:00-05:00** RULES REFERS TO SREV
- **1999-05-18T00:00:00-05:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WATSON
- **1999-05-18T00:00:00-05:00** BE APPROVED FOR CONSIDERATION SREV/007-000-000
- **1999-05-18T00:00:00-05:00** ADDED AS A CO-SPONSOR DONAHUE
- **1999-05-18T00:00:00-05:00** MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WATSON
- **1999-05-18T00:00:00-05:00** SEN CONCURS IN HSE AMENDMENTS (NO.) 01/059-000-000
- **1999-05-18T00:00:00-05:00** PASSED BOTH HOUSES
- **1999-06-16T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **1999-08-11T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **1999-08-11T00:00:00-05:00** EFFECTIVE DATE 99-08-11
- **1999-08-11T00:00:00-05:00** PUBLIC ACT.............................. 91-0476

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0a4694be-c5ea-4fce-8213-ee6057cbf4d1`. Confidence: reported (aggregated from official Illinois legislature records).