Bill Title: Creates the Charitable Tax Exemption Act. Provides that not-for-profit corporations that are exempt from taxation under Sections 501(c) or 501(d) of the Internal Revenue Code or organized under the General Not For Profit Corporation Act of 1986 are exempt from any tax imposed by the State or any unit of local government. Preempts home rule powers.

Spectrum: Moderate Partisan Bill (Democrat 5-1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB2881 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB2881

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2881 currently on file.

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