Bill Sponsors: IL HB4396 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing acoustical materials, other materials, labor, and professional services to soundproof a residential home against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero; however, the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 5-3)

Status: (Introduced - Dead) 2016-04-08 - Rule 19(a) / Re-referred to Rules Committee [HB4396 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Christine Winger [R]PrimarySponsored BillsHD-045FollowTheMoneyBallotpediaVoteSmart
Representative Michael McAuliffe [R]CosponsorSponsored BillsHD-020FollowTheMoneyBallotpediaVoteSmart
Representative Robert Pritchard [R]CosponsorSponsored BillsHD-070FollowTheMoneyBallotpediaVoteSmart
Senator Robert Martwick [D]CosponsorSponsored BillsSD-010FollowTheMoneyBallotpediaVoteSmart
Representative John D'Amico [D]CosponsorSponsored BillsHD-015FollowTheMoneyBallotpediaVoteSmart
Representative Martin Moylan [D]CosponsorSponsored BillsHD-055FollowTheMoneyBallotpediaVoteSmart
Representative Kathleen Willis [D]CosponsorSponsored BillsHD-077FollowTheMoneyBallotpediaVoteSmart
Representative Camille Lilly [D]CosponsorSponsored BillsHD-078FollowTheMoneyBallotpediaVoteSmart

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