Illinois General Assembly - Bill Status for HB4790
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 Bill Status of HB4790  103rd General Assembly

Short Description:  INC TX-DOWNTOWN CREDIT

House Sponsors
Rep. Kimberly Du Buclet

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/241 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.

Actions 
DateChamber Action
  2/5/2024HouseFiled with the Clerk by Rep. Kimberly Du Buclet
  2/6/2024HouseFirst Reading
  2/6/2024HouseReferred to Rules Committee
  3/12/2024HouseAssigned to Revenue & Finance Committee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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