IL HB4787 | 2017-2018 | 100th General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 13 2018 - 25% progression
Action: 2018-05-31 - Added Co-Sponsor Rep. Camille Y. Lilly
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Creates the Lincoln-Douglas Historic Tax Credit. Provides that a taxpayer is entitled to a credit of up to 25% of the qualified expenditures incurred by the taxpayer for a qualified rehabilitation of a historic structure located in a Lincoln-Douglas debate community. Effective immediately.

Tracking Information

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Title

INC TX-LINCOLN DOUGLAS

Sponsors


History

DateChamberAction
2018-05-31HouseAdded Co-Sponsor Rep. Camille Y. Lilly
2018-02-13HouseReferred to Rules Committee
2018-02-13HouseFirst Reading
2018-02-13HouseFiled with the Clerk by Rep. Brian W. Stewart

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355227New CodeSee Bill Text

Illinois State Sources


Bill Comments

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