Bill Status of HB 4106   103rd General Assembly


Short Description:  RIVERS EDGE-TAX CREDIT SUNSET

House Sponsors
Rep. Kevin Schmidt

Last Action  View All Actions

DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/221

Synopsis As Introduced
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.

Actions 
DateChamber Action
  7/6/2023HouseFiled with the Clerk by Rep. Kevin Schmidt
  10/18/2023HouseFirst Reading
  10/18/2023HouseReferred to Rules Committee
  2/14/2024HouseAssigned to Revenue & Finance Committee
  3/8/2024HouseTo Revenue - Tax Credit and Incentives Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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