HB4849 - 104th General Assembly (2025-2026)

INC TAX-LAND PROTECTION
Last Action
4/17/2026 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
New Act  
35 ILCS 5/253 new  
Synopsis As Introduced
Creates the Farmer Tax Benefit Act. Provides that taxpayers may apply to the Department of Natural Resources for an income tax credit in an amount equal to either (i) 100% of the fair market value of a qualified donation to a conservation agency of a land protection agreement or (ii) 50% of the fair market value of the qualified donation to a conservation agency of a fee simple interest or a remainder interest in qualified real property. Amends the Illinois Income Tax Act to make conforming changes.
Actions
DateChamberAction
2/03/2026HouseFiled with the Clerk by Rep. Will Guzzardi
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee
2/17/2026HouseAdded Co-Sponsor Rep. Laura Faver Dias
2/24/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Property Tax Subcommittee
2/27/2026HouseAdded Co-Sponsor Rep. Michelle Mussman
3/06/2026HouseAdded Co-Sponsor Rep. Lilian Jiménez
3/19/2026HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
3/19/2026HouseReported Back To Revenue & Finance Committee;
3/19/2026HouseDo Pass / Short Debate Revenue & Finance Committee; 019-000-000
3/19/2026HousePlaced on Calendar 2nd Reading - Short Debate
3/30/2026HouseAdded Chief Co-Sponsor Rep. Sonya M. Harper
4/01/2026HouseAdded Chief Co-Sponsor Rep. Dagmara Avelar
4/01/2026HouseAdded Chief Co-Sponsor Rep. Sharon Chung
4/08/2026HouseAdded Co-Sponsor Rep. Nabeela Syed
4/10/2026HouseSecond Reading - Short Debate
4/10/2026HouseHeld on Calendar Order of Second Reading - Short Debate
4/13/2026HouseAdded Co-Sponsor Rep. Mary Beth Canty
4/17/2026HouseAdded Co-Sponsor Rep. Robert "Bob" Rita
4/17/2026HouseRule 19(a) / Re-referred to Rules Committee