IL HB3237 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 8-3)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that the credit for expenditures incurred in the restoration and preservation of a qualified historic structure located in a River Edge Redevelopment Zone applies for taxable years ending prior to January 1, 2027 (currently January 1, 2022). Effective immediately.

Tracking Information

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Title

INC TAX-RIVER EDGE CREDIT

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-17HouseAdded Co-Sponsor Rep. Tony McCombie
2021-03-16HouseAssigned to Revenue & Finance Committee
2021-03-05HouseAdded Co-Sponsor Rep. Anna Moeller
2021-03-02HouseAdded Co-Sponsor Rep. Suzanne Ness
2021-03-02HouseAdded Co-Sponsor Rep. Keith R. Wheeler
2021-03-02HouseAdded Co-Sponsor Rep. Joe Sosnowski
2021-03-02HouseAdded Co-Sponsor Rep. Barbara Hernandez
2021-03-02HouseAdded Chief Co-Sponsor Rep. Maurice A. West, II
2021-03-01HouseAdded Co-Sponsor Rep. Dave Vella
2021-03-01HouseAdded Co-Sponsor Rep. Maura Hirschauer
2021-03-01HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit
2021-02-19HouseReferred to Rules Committee
2021-02-19HouseFirst Reading
2021-02-19HouseFiled with the Clerk by Rep. Jehan Gordon-Booth

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355221Amended CodeCitation Text

Illinois State Sources


Bill Comments

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