IL HB1513 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 7-1)
Status: Introduced on January 26 2023 - 25% progression
Action: 2023-04-20 - Added Chief Co-Sponsor Rep. Ryan Spain
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Historic Preservation Tax Credit Act. Extends the sunset of the credit to December 31, 2028 (currently, December 31, 2023). Provides that, in each calendar year beginning on or after January 1, 2024 and ending on or before December 31, 2028, the State Historic Preservation Office in the Department of Natural Resources is authorized to allocate $75,000,000 (currently, $15,000,000) in tax credits under the Act. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Tracking Information

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Title

INC TX-HISTORIC PRESERVATION

Sponsors


History

DateChamberAction
2023-04-20HouseAdded Chief Co-Sponsor Rep. Ryan Spain
2023-04-19HouseRemoved Co-Sponsor Rep. Ryan Spain
2023-04-19HouseAdded Co-Sponsor Rep. Ryan Spain
2023-03-22HouseAdded Co-Sponsor Rep. Camille Y. Lilly
2023-02-27HouseAdded Co-Sponsor Rep. Harry Benton
2023-02-23HouseAdded Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.
2023-02-10HouseAdded Chief Co-Sponsor Rep. Maurice A. West, II
2023-02-10HouseAdded Chief Co-Sponsor Rep. Dave Vella
2023-01-31HouseReferred to Rules Committee
2023-01-31HouseFirst Reading
2023-01-27HouseAdded Chief Co-Sponsor Rep. Jay Hoffman
2023-01-26HouseFiled with the Clerk by Rep. Jehan Gordon-Booth

Code Citations

ChapterArticleSectionCitation TypeStatute Text
353110Amended CodeCitation Text
353120Amended CodeCitation Text
355228Amended CodeCitation Text

Illinois State Sources


Bill Comments

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