HB 3124

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: March 21, 2025.

RESHORE OUR SUPPLY CHAINS.

Bill ID IL-104-HB-3124
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-03-21
Summary

Amends the Illinois Income Tax Act. Provides that the amendatory Act may be referred to as the Reshore Our Supply Chains Tax Reform Act. In specified provisions concerning base income, provides that a taxpayer may claim a depreciation deduction for federal income tax purposes.

Sponsor
Blaine Wilhour
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-18 Introduced Bill introduced
2025-03-21 Status in_committee
2025-03-21 Latest Action 3/21/2025 - House:
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