Rep. Careen M. Gordon
Filed: 5/28/2009
 
 

 




 

 		












09600SB1342ham001

LRB096 10420 RLJ 27596 a






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AMENDMENT TO SENATE BILL 1342




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    AMENDMENT NO. ______. Amend Senate Bill 1342 on page 1, 
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line 13, by replacing "employer" with "developer"; and


 
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on page 4, immediately below line 2, by inserting the 
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following:
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    "Notwithstanding any provision to the contrary, an 
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employee employed in a part of the project that lies within a 
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business district created pursuant to Division 74.3 of Article 
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11 of the Illinois Municipal Code or a redevelopment project 
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area created pursuant to the Tax Increment Allocation 
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Redevelopment Act shall not be considered a new employee."; and
 
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on page 5, by replacing lines 19 through 21 with the following: 
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"fund in the State treasury. As soon as possible, upon 
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certification of the Department of Revenue following review of 
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the amounts contained in the quarter annual report required 
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under paragraph (4) of Section 30, the Comptroller shall order 
 


 






09600SB1342ham001
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LRB096 10420 RLJ 27596 a




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transferred and the"; and
 
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on page 7, by replacing lines 13 through 19 with the following:
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        "(4) A requirement that the eligible developer shall 
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    report on a quarter annual basis to the Department and the 
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    Department of Revenue the number of new employees and the 
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    incremental income tax withheld in connection with the new 
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    employees.
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        (5) A provision authorizing the Department to verify 
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    with the Department of Revenue the amounts reported under 
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    paragraph (4).
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        (6) A provision authorizing the Department of Revenue 
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    to audit the information reported under paragraph (4)."; 
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    and
 
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on page 7, immediately below line 19, by inserting the 
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following:
 
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    "Section 35. Rules. The Department and the Department of 
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Revenue may promulgate rules necessary to implement this Act.".