Illinois General Assembly - Bill Status for HB5479
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 Bill Status of HB5479  102nd General Assembly


Short Description:  REVENUE-GROCERY STORE

House Sponsors
Rep. David A. Welter

Last Action
DateChamber Action
  1/31/2022HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/232 new


Synopsis As Introduced
Creates the Grocery Store New Construction Tax Credit Act. Creates a tax credit for taxpayers who undertake a project to construct a new grocery store in the State, subject to certain capital investment and employment requirements. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  1/28/2022HouseFiled with the Clerk by Rep. David A. Welter
  1/31/2022HouseFirst Reading
  1/31/2022HouseReferred to Rules Committee

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