Fabio
133 lines
7.6 KiB
Markdown
133 lines
7.6 KiB
Markdown
---
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type: "Bill"
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title: "NEW MARKETS-CAP ON CREDITS"
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description: "Amends the New Markets Development Program Act. Increases the annual cap on credits from $10,000,000 to $40,000,000. Effective July 1, 2010."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "96th"
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identifier: "SB 2534"
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citation: "Illinois SB 2534 (96th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 71
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vote_count: 4
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first_action: "2010-01-12"
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last_action: "2010-06-21"
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source: "openstates"
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source_identifier: "ocd-bill/2e573090-d156-458d-883a-f837901794c5"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2534&GAID=10&DocTypeID=SB&LegId=49212&SessionID=76&GA=96"
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source_hash: "7201ef35f29b61b8ed6d5bb975a1b4b44652bd3311d59ea8585ab49ebd636d2e"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois SB 2534 (96th) — NEW MARKETS-CAP ON CREDITS
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Amends the New Markets Development Program Act. Increases the annual cap on credits from $10,000,000 to $40,000,000. Effective July 1, 2010.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2534&GA=96&SessionId=76&DocTypeId=SB&LegID=49212&DocNum=2534&GAID=10&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2534eng&GA=96&SessionId=76&DocTypeId=SB&LegID=49212&DocNum=2534&GAID=10&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2534enr&GA=96&SessionId=76&DocTypeId=SB&LegID=49212&DocNum=2534&GAID=10&Session=&print=true)
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## Votes
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- Concurrence — **46–7** (pass) · upper
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- Third Reading — **51–0** (pass) · upper
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- Third Reading — **111–4** (pass) · lower
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- Concurrence, Amendment 2 — **46–7** (pass) · upper
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## Sponsors
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- David Koehler — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2010-01-12** Filed with Secretary by Sen. James F. Clayborne, Jr. `filing`
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- **2010-01-12** First Reading `reading-1`
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- **2010-01-12** Referred to Assignments `referral-committee`
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- **2010-02-10** Assigned to Commerce `referral-committee`
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- **2010-02-17** Added as Co-Sponsor Sen. Dan Kotowski
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- **2010-02-18** Do Pass Commerce; 009-000-000 `committee-passage`
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- **2010-02-18** Placed on Calendar Order of 2nd Reading February 23, 2010
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- **2010-02-18** Added as Chief Co-Sponsor Sen. Kyle McCarter
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- **2010-02-25** Second Reading `reading-2`
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- **2010-02-25** Placed on Calendar Order of 3rd Reading March 2, 2010
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- **2010-03-12** Added as Chief Co-Sponsor Sen. Michael Noland
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- **2010-03-12** Added as Chief Co-Sponsor Sen. Chris Lauzen
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- **2010-03-12** Added as Chief Co-Sponsor Sen. Kwame Raoul
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- **2010-03-12** Added as Co-Sponsor Sen. Martin A. Sandoval
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- **2010-03-12** Added as Co-Sponsor Sen. Emil Jones, III
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- **2010-03-12** Added as Co-Sponsor Sen. Deanna Demuzio
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- **2010-03-12** Added as Co-Sponsor Sen. William R. Haine
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- **2010-03-12** Added as Co-Sponsor Sen. A. J. Wilhelmi
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- **2010-03-12** Added as Co-Sponsor Sen. John M. Sullivan
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- **2010-03-12** Added as Co-Sponsor Sen. Toi W. Hutchinson
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- **2010-03-12** Added as Co-Sponsor Sen. Heather Steans
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- **2010-03-12** Added as Co-Sponsor Sen. Jacqueline Y. Collins
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- **2010-03-12** Added as Co-Sponsor Sen. Terry Link
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- **2010-03-12** Added as Co-Sponsor Sen. Ira I. Silverstein
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- **2010-03-12** Third Reading - Passed; 051-000-000 `reading-3, passage`
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- **2010-03-12** Arrived in House `introduction`
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- **2010-03-12** Chief House Sponsor Rep. Barbara Flynn Currie
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- **2010-03-12** Placed on Calendar Order of First Reading `reading-1`
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- **2010-03-12** First Reading `reading-1`
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- **2010-03-12** Referred to Rules Committee `referral-committee`
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- **2010-04-22** Committee Deadline Extended-Rule 9(b) April 30, 2010
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- **2010-04-22** Assigned to Revenue & Finance Committee `referral-committee`
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- **2010-04-28** House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee `amendment-introduction`
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- **2010-04-28** House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote `amendment-passage`
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- **2010-04-28** Do Pass as Amended / Short Debate Revenue & Finance Committee; 008-005-000 `committee-passage`
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- **2010-04-28** Placed on Calendar 2nd Reading - Short Debate
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- **2010-05-04** Second Reading - Short Debate `reading-2`
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- **2010-05-04** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2010-05-07** Final Action Deadline Extended-9(b) May 28, 2010
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- **2010-05-24** House Floor Amendment No. 2 Filed with Clerk by Rep. Jehan A. Gordon `amendment-introduction`
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- **2010-05-24** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2010-05-24** House Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
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- **2010-05-25** Added Alternate Chief Co-Sponsor Rep. David R. Leitch
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- **2010-05-25** House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 010-000-000 `committee-passage-favorable`
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- **2010-05-25** Alternate Chief Sponsor Changed to Rep. Jehan A. Gordon
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- **2010-05-25** Added Alternate Chief Co-Sponsor Rep. Linda Chapa LaVia
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- **2010-05-25** Alternate Chief Co-Sponsor Removed Rep. David R. Leitch
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- **2010-05-25** Added Alternate Chief Co-Sponsor Rep. Lou Lang
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- **2010-05-25** House Floor Amendment No. 2 Adopted by Voice Vote `amendment-passage`
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- **2010-05-25** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2010-05-25** Third Reading - Short Debate - Passed 111-004-001 `reading-3, passage`
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- **2010-05-26** Secretary's Desk - Concurrence House Amendment(s) 1, 2
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- **2010-05-26** Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 27, 2010
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- **2010-05-26** Chief Sponsor Changed to Sen. David Koehler
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- **2010-05-26** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. David Koehler `filing`
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- **2010-05-26** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
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- **2010-05-26** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. David Koehler `filing`
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- **2010-05-26** House Floor Amendment No. 2 Motion to Concur Referred to Assignments `referral-committee`
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- **2010-05-26** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Revenue `referral-committee`
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- **2010-05-26** House Floor Amendment No. 2 Motion to Concur Assignments Referred to Revenue `referral-committee`
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- **2010-05-27** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 008-001-000
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- **2010-05-27** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Revenue; 008-001-000
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- **2010-05-27** Sponsor Removed Sen. Kyle McCarter
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- **2010-05-27** Sponsor Removed Sen. Chris Lauzen
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- **2010-05-27** House Committee Amendment No. 1 Senate Concurs 046-007-000
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- **2010-05-27** House Floor Amendment No. 2 Senate Concurs 046-007-000
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- **2010-05-27** Passed Both Houses
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- **2010-06-10** Sent to the Governor `executive-receipt`
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- **2010-06-21** Governor Approved `executive-signature`
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- **2010-06-21** Effective Date June 21, 2010
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- **2010-06-21** Public Act . . . . . . . . . 96-0933 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2e573090-d156-458d-883a-f837901794c5`. Confidence: reported (aggregated from official Illinois legislature records).
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