Illinois Senate Bill 2339 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Income Tax Act. Allows individuals to deduct an amount equal to the value of real estate donated during the taxable year to an entity exempt from federal taxation under Section 501(c) of the Internal Revenue Code. Requires the taxpayer to file with his or her return an appraisal substantiating the deduction that meets the requirements for appraisals acceptable to the Internal Revenue Service to substantiate the value of real estate for federal income tax purposes. Effective immediately.

INC TAX-DEDUCT LAND DONATIONS

Sen. Chris Lauzen [R]

Date	Chamber	Action
2009-03-13		Rule 3-9(a) / Re-referred to Assignments
2009-03-12		To Revenue Subcommittee on Special Issues
2009-03-04		Assigned to Revenue
2009-02-20		Referred to Assignments
2009-02-20		First Reading
2009-02-20		Filed with Secretary by Sen. Chris Lauzen

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2339&GAID=10&DocTypeID=SB&SessionID=76&GA=96
Text	https://www.ilga.gov/legislation/96/SB/09600SB2339.htm