Comments: IL SB3131 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that each taxpayer that manufactures renewable diesel in Illinois is eligible for an income tax credit equal to $1 per whole gallon of renewable diesel manufactured by the taxpayer in Illinois and sold to a purchaser in Illinois. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2025-01-07 - Session Sine Die [SB3131 Detail]

Text: Latest bill text (Introduced) [HTML]

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