RIVERS EDGE-TAX CREDIT SUNSET
Summary
Amends the Illinois Income Tax Act. Provides that a qualified taxpayer that has begun construction on a qualified restoration or preservation project prior to December 31, 2026, will be eligible to receive the tax credit until the taxable year that the project is completed or suspended.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
Governor
Introduced Jul 6, 2023
Last action Apr 5, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
4
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2024
Lower · Passed
To Revenue - Tax Credit and Incentives Subcommittee
lower
Feb 14, 2024
Committee
Assigned to Revenue & Finance Committee
lower
Oct 18, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kevin Schmidt
RRepublican
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