Bill Title: Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Introduced) 2024-05-23 - Added Co-Sponsor Rep. Lilian Jiménez [HB4430 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2024-01-11	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 001	2024-03-18	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4430 currently on file.

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