Bill Texts: IL SB3576 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments [SB3576 Detail]

Bill Drafts

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Introduced2024-02-09HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3576

Supplemental Documents

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No supplemental documents for Illinois SB3576 currently on file.

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