Illinois General Assembly - Bill Status for HB5200

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for beginning farmers who participate in a financial management program approved by the Department of Agriculture. Creates an income tax credit for owners of agricultural assets who sell or rent those agricultural assets to a beginning farmer. Effective immediately.

Actions

Date	Chamber	Action
2/14/2020	House	Filed with the Clerk by Rep. Nathan D. Reitz
2/18/2020	House	First Reading
2/18/2020	House	Referred to Rules Committee
2/25/2020	House	Added Co-Sponsor Rep. Monica Bristow
5/22/2020	House	Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
1/13/2021	House	Session Sine Die

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