SB0178 - 104th General Assembly

INC TX-SOUNDPROOFING
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Senate Sponsors
Sen. Laura M. Murphy
Statutes Amended In Order of Appearance
35 ILCS 5/235 new
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
Actions
Date Chamber Action
1/17/2025 Senate Filed with Secretary by Sen. Laura M. Murphy
1/17/2025 Senate First Reading
1/17/2025 Senate Referred to Assignments
1/28/2025 Senate Assigned to Revenue
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025 Senate Rule 2-10 Committee Deadline Established As May 9, 2025
5/09/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments