Bill Status of HB1344  103rd General Assembly


Short Description:  INC TX-CROP DONATION

House Sponsors
Rep. Lance Yednock

Last Action
DateChamber Action
  1/31/2023HouseReferred to Rules Committee

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 for taxpayers who make a qualified donation of a crop to a food bank or other charitable organization in Illinois. Provides that the amount of the credit shall be 15% of the value of the quantity of the crop donated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Actions 
DateChamber Action
  1/23/2023HouseFiled with the Clerk by Rep. Lance Yednock
  1/31/2023HouseFirst Reading
  1/31/2023HouseReferred to Rules Committee