IL SB0113 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Disaster Relief Act. Provides that as soon as practical after the effective date of this amendatory Act, the State Comptroller shall direct and the State Treasurer shall transfer $250,000 from the General Revenue Fund to the Disaster Response and Recovery Fund to be paid to the City of Taylorville for the purpose of providing disaster relief in relation to damage resulting from a tornado occurring in Taylorville on December 1, 2018. Amends the Illinois Income Tax Act. Provides a tax credit to each taxpayer who owns qualified real property located in a county in Illinois that was declared a State disaster area by the Governor due to tornadoes in 2018. Effective immediately.

Tracking Information

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Title

DISASTER RESPONSE & TAX CREDIT

Sponsors


History

DateChamberAction
2021-01-13SenateSession Sine Die
2019-03-28SenateRule 3-9(a) / Re-referred to Assignments
2019-03-22SenateRule 2-10 Committee Deadline Established As March 28, 2019
2019-02-21SenatePostponed - Revenue
2019-01-30SenateAssigned to Revenue
2019-01-23SenateReferred to Assignments
2019-01-23SenateFirst Reading
2019-01-23SenateFiled with Secretary by Sen. Andy Manar

Code Citations

ChapterArticleSectionCitation TypeStatute Text
15303Amended CodeCitation Text
355226Amended CodeCitation Text

Illinois State Sources


Bill Comments

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