Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 27, 2026.
NEW MARKETS-CREDITS.
Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2026-02-03 | Introduced | Bill introduced |
| 2026-03-27 | Status | in_committee |
| 2026-03-27 | Latest Action | 3/27/2026 - House: |