SB2382 - 104th General Assembly
INC TX-DONATIONS OF PROPERTY
Senate Sponsors
Sen. Darby A. Hills - John F. Curran, Jil Tracy, Terri Bryant, Sally J. Turner, Seth Lewis, Chris Balkema, Erica Harriss and Dale Fowler
Statutes Amended In Order of Appearance
35 ILCS 5/246 new
Synopsis As Introduced
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.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/07/2025 | Senate | Filed with Secretary by Sen. John F. Curran |
| 2/07/2025 | Senate | First Reading |
| 2/07/2025 | Senate | Referred to Assignments |
| 3/04/2025 | Senate | Assigned to Revenue |
| 3/05/2025 | Senate | Chief Sponsor Changed to Sen. Darby A. Hills |
| 3/06/2025 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 3/13/2025 | Senate | Added as Co-Sponsor Sen. Terri Bryant |
| 3/14/2025 | Senate | Added as Co-Sponsor Sen. Sally J. Turner |
| 3/19/2025 | Senate | Added as Chief Co-Sponsor Sen. John F. Curran |
| 3/19/2025 | Senate | Added as Co-Sponsor Sen. Seth Lewis |
| 3/21/2025 | Senate | Rule 2-10 Committee Deadline Established As April 11, 2025 |
| 4/02/2025 | Senate | Added as Co-Sponsor Sen. Chris Balkema |
| 4/09/2025 | Senate | Added as Co-Sponsor Sen. Erica Harriss |
| 4/11/2025 | Senate | Rule 2-10 Committee Deadline Established As May 9, 2025 |
| 4/29/2025 | Senate | Added as Co-Sponsor Sen. Dale Fowler |
| 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 |