Bill Status of HB 1028   98th General Assembly


Short Description:  INC TX-BROWNFIELD CREDIT

House Sponsors
Rep. La Shawn K. Ford and Maria Antonia Berrios-Daniel V. Beiser

Last Action  View All Actions

DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/224 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to any unreimbursed eligible remediation costs paid by the taxpayer for the remediation of a brownfield site located in the City of Chicago. Provides that a taxpayer is not eligible for the credit if the taxpayer or any related party caused or contributed to, in any material respect, a release of regulated substances on, in, or under the site that was identified and addressed by the remedial action pursuant to the Site Remediation Program of the Environmental Protection Act. Provides that the credit is exempt from the Act's automatic sunset provision.

Actions 
DateChamber Action
  1/30/2013HouseFiled with the Clerk by Rep. La Shawn K. Ford
  1/30/2013HouseFirst Reading
  1/30/2013HouseReferred to Rules Committee
  2/1/2013HouseAdded Co-Sponsor Rep. Maria Antonia Berrios
  2/5/2013HouseAdded Chief Co-Sponsor Rep. Daniel V. Beiser
  2/13/2013HouseAssigned to Revenue & Finance Committee
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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