HB 2429 Illinois House · 102nd Regular Session

INC TAX-RIVER EDGE HISTORIC

Summary
Amends the Illinois Income Tax Act. In provisions creating a credit for rehabilitation costs associated with qualified historic property located in a River Edge Redevelopment Zone, provides that, if the River Edge Redevelopment Zone is located in the City of East St. Louis, then the tax credit applies for taxable years that end prior to January 1, 2027 (currently, January 1, 2022). Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2021 Last action Jan 10, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
4
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 18, 2021
Lower · Passed
To Income Tax Subcommittee
lower
Mar 9, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Feb 19, 2021
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of LaToya Greenwood
LaToya Greenwood
DDemocratic
IL
114