Bill Status of HB3096 97th General Assembly
Short Description: INC TX-LINCOLN DOUGLAS
Rep. Brian W. Stewart, Randy E. Frese, Jerry Lee Long, Terri Bryant, Norine K. Hammond, Reginald Phillips and Daniel V. Beiser
| 1/8/2019||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates the Lincoln-Douglas Historic Tax Credit. Provides that a taxpayer is entitled to a credit of up to 25% of the qualified expenditures incurred by the taxpayer for a qualified rehabilitation of a historic structure located in a Lincoln-Douglas debate community. Effective immediately.