Bill Status of SB1880  102nd General Assembly


Short Description:  INC TX-LINCOLN DOUGLAS

Senate Sponsors
Sen. Brian W. Stewart and Rachelle Crowe

Last Action
DateChamber Action
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/232 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates the Lincoln-Douglas Historic Tax Credit. Provides that a taxpayer is entitled to a credit of up to 25% of the qualified expenditures incurred by the taxpayer for a qualified rehabilitation of a historic structure located in a Lincoln-Douglas debate community. Effective immediately.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Brian W. Stewart
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/8/2021SenateAdded as Co-Sponsor Sen. Rachelle Crowe
  3/16/2021SenateAssigned to Revenue
  3/24/2021SenateTo Credits, Deductions, and Exemptions
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments