IL SB0279 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-04-16 - Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-04-16 - Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments 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
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-16 | Senate | Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments |
| 2021-04-16 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2021-03-25 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
| 2021-03-24 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2021-03-24 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terri Bryant |
| 2021-03-19 | Senate | To Credits, Deductions, and Exemptions |
| 2021-02-24 | Senate | Assigned to Revenue |
| 2021-02-19 | Senate | Referred to Assignments |
| 2021-02-19 | Senate | First Reading |
| 2021-02-19 | Senate | Filed with Secretary by Sen. Terri Bryant |
