Bill Sponsors: IL HB2128 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who replace a lead water service pipe with a copper water service pipe at a qualified residence. Provides that the credit shall be equal to the lesser of (i) 25% of the cost of replacing the lead water service pipes in each taxable year for which the credit is taken or (ii) $2,500 in each such taxable year. Provides that the credit may be taken for the taxable year in which the pipes are replaced and in each of the next 3 consecutive years. Provides that the term "qualified residence" means a single family residence that is owned and occupied by the taxpayer as his or her primary residence. Effective immediately.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced - Dead) 2020-05-22 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer [HB2128 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative John D'Amico [D]PrimarySponsored BillsHD-015FollowTheMoneyBallotpediaVoteSmart
Representative Ann Williams [D]CosponsorSponsored BillsHD-011FollowTheMoneyBallotpediaVoteSmart
Representative Frances Hurley [D]CosponsorSponsored BillsHD-035FollowTheMoneyBallotpediaVoteSmart
Representative Luis Arroyo [D]CosponsorSponsored BillsHD-003FollowTheMoneyBallotpediaVoteSmart
Representative Maurice West [D]CosponsorSponsored BillsHD-067FollowTheMoneyBallotpediaVoteSmart
Senator Mary Edly-Allen [D]CosponsorSponsored BillsSD-031FollowTheMoneyBallotpediaVoteSmart
Representative Lindsey LaPointe [D]CosponsorSponsored BillsHD-019FollowTheMoneyBallotpediaVoteSmart
Representative Jonathan Pizer [D]CosponsorSponsored BillsHD-012FollowTheMoneyBallotpediaVoteSmart

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