INC TX-FARMING
Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for beginning farmers who participate in a financial management program approved by the Department of Agriculture. Creates an income tax credit for owners of agricultural assets who sell or rent those agricultural assets to a beginning farmer. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2020
Last action May 22, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Feb 18, 2020
House · Referred to committee
Referred to Rules Committee
0 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
Co
Jonathan "Yoni" Pizer
DDemocratic
Co
Monica Bristow
DDemocratic
Co
Nathan D. Reitz
DDemocratic
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