November 14, 2019
The Illinois General Assembly concludes its final day of the fall veto session today. Both Chambers convene at 9:00 a.m. The House has no committees scheduled and the Senate has two committees scheduled for the afternoon.
My sense is that both Chambers will focus on floor action on priority legislation prior to adjournment.
Yesterday, Senate Revenue Committee passed HB 3902 reinstating sales tax exemptions for air plane parts. The House passed Senate Bill 119 which is Illinois Department of Revenue technical clean up language for tax provisions passed during the spring legislative session. House Judiciary passed SB 1557 HA-1 which provides employer protections in the cannabis legalization legislation. The House also passed the local government first responder pension consolidation legislation. The pension bill now moves to the Senate.
There were intense discussions yesterday on passage of legislation to reduce the tax burden for the Chicago Casino which was requested by Chicago Mayor Lightfoot. While the Senate worked until 6:00 p.m. poised to take a vote, no vote was called prior to recess.
MARTY GREEN, ESQ
Vice President Government Relations, Illinois CPA Society?
524 South Second Street, Suite 504
Springfield, Illinois 62701
Phone: 217.789. 7914| Fax: 217.789.7924
Email: [email protected]
| Web site: www.icpas.org