Bill Status of SB 2880   103rd General Assembly

Short Description:  PRESERVATION TAX CREDIT

Senate Sponsors
Sen. Michael W. Halpin-Paul Faraci and Mike Porfirio

Last Action  View All Actions

DateChamber Action
  1/24/2024SenateReferred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 31/20

Synopsis As Introduced
Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2025 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may allocate $75,000,000 (currently, $25,000,000) in credits under the Act. Effective immediately.

Actions 
DateChamber Action
  1/24/2024SenateFiled with Secretary by Sen. Michael W. Halpin
  1/24/2024SenateFirst Reading
  1/24/2024SenateReferred to Assignments
  3/14/2024SenateAdded as Chief Co-Sponsor Sen. Paul Faraci
  3/14/2024SenateAdded as Co-Sponsor Sen. Mike Porfirio

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