Illinois General Assembly - Bill Status for HB2527

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Bill Status of HB2527 99th General Assembly

Full Text Votes Witness Slips View All Actions Printer-Friendly Version

Short Description: INC TX-COMPOSTING

House Sponsors
Rep. Michael W. Tryon and Steven A. Andersson

Last Action

Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/224 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2015, each taxpayer is entitled to a credit in an amount equal to 50% of the costs incurred by the taxpayer during the taxable year under a contract with a commercial composting facility for the purpose of collecting the taxpayer's compostable garbage, landscape waste, and unused food, separate from the traditional garbage, for transportation to the facility for composting. Provides that the credit may not exceed $2,000 per taxpayer in any taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Actions

Date	Chamber	Action
2/18/2015	House	Filed with the Clerk by Rep. Michael W. Tryon
2/18/2015	House	First Reading
2/18/2015	House	Referred to Rules Committee
2/20/2015	House	Added Co-Sponsor Rep. Steven A. Andersson
3/2/2015	House	Assigned to Revenue & Finance Committee
3/6/2015	House	To Income Tax Subcommittee
3/27/2015	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

×