Comments: IL HB4430 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: (Introduced) 2024-05-23 - Added Co-Sponsor Rep. Lilian Jiménez [HB4430 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: (Introduced) 2024-05-23 - Added Co-Sponsor Rep. Lilian Jiménez [HB4430 Detail]
Text: Latest bill text (Introduced) [HTML]
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