Illinois General Assembly - Bill Status for SB0318
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of SB0318  103rd General Assembly


Short Description:  INC TX-SOUNDPROOFING

Senate Sponsors
Sen. Laura M. Murphy

Last Action
DateChamber Action
  1/10/2024SenateRe-assigned to Revenue

Statutes Amended In Order of Appearance
35 ILCS 5/234 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Actions 
DateChamber Action
  2/2/2023SenateFiled with Secretary by Sen. Laura M. Murphy
  2/2/2023SenateFirst Reading
  2/2/2023SenateReferred to Assignments
  2/7/2023SenateAssigned to Revenue
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2024SenateRe-assigned to Revenue

Back To Top