Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: February 6, 2026.
PRESERVING NEIGHBORHOODS ACT.
Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2027 and end on or before December 31, 2032, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a credit. Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2026-02-06 | Introduced | Bill introduced |
| 2026-02-06 | Status | in_committee |
| 2026-02-06 | Latest Action | 2/06/2026 - House: |