Illinois General Assembly - Bill Status for HB5729
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 Bill Status of HB5729  100th General Assembly


House Sponsors
Rep. Michael Halpin

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/251 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that taxpayers that receive a deduction or a credit related to the construction or modification of commercial property located in a municipality of the State shall enter into a community benefits agreement with the municipality in which the property is located. Provides that the taxpayer shall host a public forum prior to entering into the agreement. Provides that the provisions apply to the construction or modification of property commencing on or after January 1, 2019. Effective immediately.

DateChamber Action
  2/16/2018HouseFiled with the Clerk by Rep. Michael Halpin
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  1/8/2019HouseSession Sine Die

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