The primary focus of HB 0610 is on improving the clarity of the legislation governing small business tax credits in Illinois. By amending the short title of the act, it seeks to streamline understanding and application of the law for small businesses looking to benefit from the tax credits provided. However, this bill does not introduce new provisions or alter the existing qualifications for the tax credits, meaning that there will be no immediate impact on small businesses or the tax revenue collected by the state. The changes aim to enhance administrative efficiency.
Summary
House Bill 0610 amends the Small Business Job Creation Tax Credit Act, introducing a technical change pertaining to the short title of the act. The amendment does not alter the substantive aspects of the existing law but focuses purely on clarifying the terminology used within the statute. This technical change is intended to ensure consistency and clarity in the references made to the act in future documents and legislative measures.
Contention
While HB 0610 is largely a procedural bill with minimal controversy, there might be discussions regarding the significance of technical changes in legislation. Some members of the legislature may question whether such amendments are necessary when they do not introduce new benefits or regulatory changes. Nevertheless, as of the current legislative session, no significant points of contention have been highlighted in relation to the bill.