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SB 3784

Illinois - Session 104

Senate in_committee 2026-02-05
Bill Details

Title: INC TX-DONATIONS OF PROPERTY

Summary

Amends the Illinois Income Tax Act. Creates an income tax credit for a taxpayer that makes a qualified donation of real property during the taxable year to an employer that will use the property for the purpose of providing onsite child care to its employees. Provides that the credit shall be in an amount equal to the fair market value of the property, as determined by the Department of Revenue by rule.

Sponsor
Darby A. Hills
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-02-05 Introduced Bill introduced
2026-02-05 Status in_committee
2026-02-05 Latest Action 2/05/2026 - Senate:
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