SB 141 Illinois Senate · 103rd Regular Session

INC TX-RECYCLING PROGRAMS

Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the amount of the credit. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2023 Last action Mar 10, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
3
Mar 10, 2023
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Jan 31, 2023
Committee
Assigned to Revenue
lower
Jan 24, 2023
Committee
Referred to Assignments
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jil Tracy
Jil Tracy
RRepublican
IL
50