IL HB5380 | 2019-2020 | 101st General Assembly

Illinois House Bill 5380 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Creates an income tax credit to taxpayers that own and operate a small farm and make a qualifying food commodity donation to a food bank or emergency feeding organization. Provides that the credit shall be equal to the lesser of $5,000 or 15% of the value of the food commodity donated. Effective immediately.

Title

INC TX-SMALL FARMS

History

Date	Chamber	Action
2020-06-23	House	Rule 19(b) / Re-referred to Rules Committee
2020-03-12	House	Assigned to Revenue & Finance Committee
2020-02-18	House	Referred to Rules Committee
2020-02-18	House	First Reading
2020-02-14	House	Chief Co-Sponsor Rep. Patrick Windhorst
2020-02-14	House	Chief Co-Sponsor Rep. Amy Grant
2020-02-14	House	Chief Co-Sponsor Rep. Avery Bourne
2020-02-14	House	Chief Co-Sponsor Rep. Grant Wehrli
2020-02-14	House	Filed with the Clerk by Rep. Terri Bryant

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
35	5	232	New Code	See Bill Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5380&GAID=15&DocTypeID=HB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/HB/10100HB5380.htm