SB3443 amends various Illinois laws to modify tax credits, economic development plans, and broadband policies.
SB3443 amends the Illinois Enterprise Zone Act to adjust tax credits for investments in qualified new business ventures. It modifies the Department of Commerce and Economic Opportunity Law to remove the requirement for the Department's website to list economic benefits for businesses. The bill also amends the Broadband Advisory Council Act to expand broadband availability and adoption, and the Illinois Income Tax Act to adjust tax rates and credits. Additionally, it amends the Southeastern Illinois Economic Development Authority Act to change the membership of the Authority's Board.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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