Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 21, 2025.
INC TX-DOWNTOWN CREDIT.
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2025-02-18 | Introduced | Bill introduced |
| 2025-03-21 | Status | in_committee |
| 2025-03-21 | Latest Action | 3/21/2025 - House: |