Illinois - Session 104
Title: RAILROAD MOD CREDIT
Creates the Short Line Railroad Modernization Act. Creates an income tax credit for taxpayers that incur qualified railroad expenditures or qualified new rail infrastructure expenditures. Sets forth the amount of the credit and limitations on the amount of the credit that may be awarded. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.
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| Date | Event | Detail |
|---|---|---|
| 2026-02-06 | Introduced | Bill introduced |
| 2026-02-26 | Status | in_committee |
| 2026-02-26 | Latest Action | 2/26/2026 - House: |
| Bill | Title | Status |
|---|---|---|
| HB 4135 | CD CORR-RECIDIVISM REPORT | in_committee |
| HB 4365 | METRO SANITARY DIST-RENAMING | in_committee |
| HB 4213 | HOSP ASSESSMENT REPAYMENTS | in_committee |
| HB 4541 | RUUPA OVERPAYMENTS | failed |
| HB 4917 | PACE PROGRAM FLEXIBILITY | in_committee |
| HB 4979 | HIGHER ED-SURVEY/BD/REPORT | in_committee |
| HB 5434 | CRIMINAL JUSTICE TASK FORCE | in_committee |
| HB 2457 | MEDICAID-AIR AMBULANCES RATES | in_committee |