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SB 240

Illinois Senate bill in Session 104.

Status: in_committee. Latest action: June 2, 2025.

PRESERVATION TAX CREDIT.

Bill ID IL-104-SB-240
Session 104
Status in_committee
Committee Assignments
Senate in_committee 2025-06-02
Tax / Budget / Appropriations
Summary

Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2026 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may allocate $75,000,000 (currently, $25,000,000) in credits under the Act. Effective immediately.

Sponsor
Michael W. Halpin
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-22 Introduced Bill introduced
2025-06-02 Status in_committee
2025-06-02 Latest Action 6/02/2025 - Senate:
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