Bill Status of SB2476

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SB2476 - 104th General Assembly

INC TX-DOWNTOWN CREDIT
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Senate Sponsors
Sen. Mattie Hunter
Statutes Amended In Order of Appearance
35 ILCS 5/246 new
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.
Actions
Date Chamber Action
2/07/2025 Senate Filed with Secretary by Sen. Mattie Hunter
2/07/2025 Senate First Reading
2/07/2025 Senate Referred to Assignments
3/04/2025 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