Bill Status of HB5218 102nd General Assembly
Short Description: INC TX-BROADBAND
Rep. Amy Elik
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 50% of the cost of equipment, materials, and labor paid by the taxpayer during the taxable year in order to incorporate or improve broadband service in the taxpayers' primary residence, which must be located in an underserved or unserved area in a county with a population of less than 300,000 people. Effective immediately.
|Date||Chamber|| Action|| 1/27/2022||House||Filed with the Clerk by Rep. Amy Elik|| 1/31/2022||House||First Reading|| 1/31/2022||House||Referred to Rules Committee|