Illinois General Assembly - Bill Status for HB2475

Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 8:08AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 2:08PM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 8:00AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 2:00PM Stratton Building Room D-1 Springfield, IL

Last Action

Date	Chamber	Action
3/6/2025	House	To Tax Policy: Other Taxes Subcommittee

Statutes Amended In Order of Appearance

New Act

20 ILCS 3988/Act rep.

30 ILCS 105/5.1030 new

Synopsis As Introduced
Creates the Natural Resources and Agricultural Legacy Act. Establishes the Illinois Natural Resources and Agricultural Legacy Fund as a special fund in the State treasury to be managed by the Department of Natural Resources for the purpose of making grants to qualified easement holders for (1) the purchase of conservation easements on qualified land; (2) the costs of acquisition related to the purchase of conservation easements approved by the program; and (3) the costs of ecological management and maintenance activities. Requires the Department to adopt rules to implement the Act. Establishes the Legacy Act Technical Advisory Committee in the Department. Contains legislative findings. Defines terms. Repeals the Local Legacy Act. Amends the State Finance Act. Creates the Illinois Natural Resources and Agricultural Legacy Fund as a special fund in the State treasury.

Actions

Date	Chamber	Action
2/3/2025	House	Filed with the Clerk by Rep. Camille Y. Lilly
2/4/2025	House	First Reading
2/4/2025	House	Referred to Rules Committee
2/19/2025	House	Added Co-Sponsor Rep. Michelle Mussman
3/4/2025	House	Assigned to Revenue & Finance Committee
3/6/2025	House	To Tax Policy: Other Taxes Subcommittee
3/12/2025	House	Added Co-Sponsor Rep. Maura Hirschauer
3/18/2025	House	Added Co-Sponsor Rep. Laura Faver Dias

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