IL SB2880 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-03-14 - Added as Co-Sponsor Sen. Mike Porfirio
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-03-14 - Added as Co-Sponsor Sen. Mike Porfirio
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2025 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may allocate $75,000,000 (currently, $25,000,000) in credits under the Act. Effective immediately.
Title
PRESERVATION TAX CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-14 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| 2024-03-14 | Senate | Added as Chief Co-Sponsor Sen. Paul Faraci |
| 2024-01-24 | Senate | Referred to Assignments |
| 2024-01-24 | Senate | First Reading |
| 2024-01-24 | Senate | Filed with Secretary by Sen. Michael W. Halpin |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 31 | 20 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2880&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB2880.htm |
