INC TX-FIRE SPRINKLERS

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the credit shall be in an amount equal to 50% of the total cost of the installation but not to exceed $10,000 per taxpayer in any taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Every action

7 steps, oldest first, as the legislature records them.

1. Feb 8, 2023SenateFiled with Secretary by Sen. Robert F. Martwick
2. Feb 8, 2023SenateFirst Reading
3. Feb 8, 2023CommitteeReferred to Assignments · Senate Assignments
4. Feb 21, 2023CommitteeAssigned to Revenue · Senate Revenue
5. Mar 10, 2023CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
6. Mar 22, 2023SenateAdded as Co-Sponsor Sen. Sally J. Turner
7. Jan 7, 2025SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Republican.

• Robert F. MartwickD Primary sponsor · District 10