Bill Status of SB 2998   103rd General Assembly

Short Description:  INC TX-RECYCLING PROGRAMS

Senate Sponsors
Sen. Jil Tracy

Last Action  View All Actions

DateChamber Action
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/241 new

Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/2/2024SenateFiled with Secretary by Sen. Jil Tracy
  2/2/2024SenateFirst Reading
  2/2/2024SenateReferred to Assignments
  2/14/2024SenateAssigned to Revenue
  3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024
  4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024
  5/3/2024SenateRule 3-9(a) / Re-referred to Assignments

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