Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for beginning farmers who participate in a financial management program approved by the Department of Agriculture. Creates an income tax credit for owners of agricultural assets who sell or rent those agricultural assets to a beginning farmer. Effective immediately.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2020-05-22 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
[HB5200 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2020-02-14 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois HB5200 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois HB5200 currently on file. |
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