SB 3131 Illinois Senate · 103rd Regular Session

INC TX-RENEWABLE DIESEL

Summary
Amends the Illinois Income Tax Act. Provides that each taxpayer that manufactures renewable diesel in Illinois is eligible for an income tax credit equal to $1 per whole gallon of renewable diesel manufactured by the taxpayer in Illinois and sold to a purchaser in Illinois. 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

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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
Photo of Patrick Joyce
Patrick Joyce
DDemocratic
IL
40