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
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2024
Last action May 3, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
5
May 3, 2024
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Apr 5, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As May 3, 2024
lower
Mar 15, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As April 5, 2024
lower
Feb 14, 2024
Committee
Assigned to Revenue
lower
Feb 2, 2024
Committee
Referred to Assignments
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jil Tracy
RRepublican
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