Bill Texts: IL SB2024 | 2025-2026 | 104th General Assembly
Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer that manufactures renewable diesel in Illinois for use by a rail carrier. Provides that the amount of the credit is $1 per gallon of renewable diesel that is manufactured by the taxpayer in the State for use by a rail carrier. Effective immediately.
Sponsorship: Partisan Bill (Democrat 4)
Status: (Introduced - Dead) 2025-06-02 - Rule 3-9(a) / Re-referred to Assignments [SB2024 Detail]
Sponsorship: Partisan Bill (Democrat 4)
Status: (Introduced - Dead) 2025-06-02 - Rule 3-9(a) / Re-referred to Assignments [SB2024 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
|---|---|---|---|---|
| Introduced | 2025-02-06 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
|---|---|---|---|---|---|
| No bill amendments currently on file for Illinois SB2024 | |||||
Supplemental Documents
| Title | Description | Date | Format | Source | View |
|---|---|---|---|---|---|
| No supplemental documents for Illinois SB2024 currently on file. | |||||
