HB 3565 Illinois House · 104th Regular Session

INC TX-DATA CENTERS

Summary
Amends the Illinois Income Tax Act. Provides that, if a taxpayer is awarded a credit by the Department of Commerce and Economic Opportunity in connection with a qualifying Illinois data center located in an opportunity zone or a data center developed by a minority-owned business, a women-owned business, or a business owned a person with a disability, then the taxpayer is entitled to an additional income tax credit in an amount equal to 5% of the taxpayer's investment in qualified tangible personal property used in the construction or operation of that data center. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2025 Last action Mar 21, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
4
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 13, 2025
Lower · Passed
To Income Tax Subcommittee
lower
Mar 11, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Feb 18, 2025
Committee
Referred to Rules Committee
lower
1 primary · 2 co-sponsors

Sponsors