Date	Chamber	Action
1/7/2025	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/240 new

Synopsis As Introduced
Creates the Hydrogen Fuel Replacement Tax Credit Act. Creates an income tax credit for eligible taxpayers in an amount equal to $1 per kilogram of eligible zero-carbon hydrogen used by the eligible taxpayer during the tax year for which a credit is sought. Provides for additional credits if the use of the zero-carbon hydrogen by the eligible taxpayer occurs in an equity investment eligible community. Provides that the total amount of tax credits to be allocated by the Department of Revenue to taxpayers for eligible zero-carbon hydrogen use occurring in the tax year ending during that State fiscal year shall not exceed $100,000,000, plus the amount of tax credits that were available to be allocated for eligible zero-carbon hydrogen use in the tax year ending during the prior State fiscal year but were not allocated. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2023	Senate	Filed with Secretary by Sen. Laura Ellman
2/9/2023	Senate	First Reading
2/9/2023	Senate	Referred to Assignments
2/23/2023	Senate	Added as Co-Sponsor Sen. Rachel Ventura
2/28/2023	Senate	Assigned to Energy and Public Utilities
3/7/2023	Senate	Chief Sponsor Changed to Sen. David Koehler
3/8/2023	Senate	Waive Posting Notice
3/9/2023	Senate	Do Pass Energy and Public Utilities; 017-000-000
3/9/2023	Senate	Placed on Calendar Order of 2nd Reading March 10, 2023
3/10/2023	Senate	Added as Chief Co-Sponsor Sen. Sue Rezin
3/28/2023	Senate	Second Reading
3/28/2023	Senate	Placed on Calendar Order of 3rd Reading March 29, 2023
3/31/2023	Senate	Rule 2-10(a) Third Reading Deadline Established As April 28, 2023
4/28/2023	Senate	Rule 3-9(a) / Re-referred to Assignments
1/7/2025	Senate	Session Sine Die

Back To Top