Bill Texts: IL HB0882 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 10% of the qualified costs incurred by the taxpayer during the taxable year for the purposes of purchasing and planting qualified trees in the State. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Introduced - Dead) 2020-05-22 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer [HB0882 Detail]

Bill Drafts

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Introduced2019-01-24HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB0882

Supplemental Documents

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No supplemental documents for Illinois HB0882 currently on file.

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