Illinois Senate bill in Session 104.
Status: in_committee. Latest action: June 2, 2025.
INC TX-DIESEL CREDIT.
Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer that manufactures renewable diesel in Illinois for use by a rail carrier. Provides that the amount of the credit is $1 per gallon of renewable diesel that is manufactured by the taxpayer in the State for use by a rail carrier. Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2025-02-06 | Introduced | Bill introduced |
| 2025-06-02 | Status | in_committee |
| 2025-06-02 | Latest Action | 6/02/2025 - Senate: |