HB3066 - 104th General Assembly

DISTRESSED FARMERS ACT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Sonya M. Harper
Statutes Amended In Order of Appearance
New Act
35 ILCS 5/235 new
Synopsis As Introduced
Creates the Distressed Farmers Act. Provides that the Department of Agriculture shall, by rule, establish a grant program through which it provides (i) up to $5,000,000 for apprenticeships for individuals working in a direct or support capacity for a distressed farmer, (ii) up to $5,000,000 for distressed farmers for wells, and (iii) up to $10,000,000 for distressed farmers for certain other expenses. Amends the Illinois Income Tax Act. Provides for a distressed farmer credit for taxable years on or after January 1, 2027 in an amount of up to $50,000 in qualified farming expenses. Defines terms.
Actions
Date Chamber Action
2/06/2025 House Filed with the Clerk by Rep. Sonya M. Harper
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee
3/04/2025 House Assigned to Revenue & Finance Committee
3/06/2025 House To Tax Policy: Other Taxes Subcommittee
3/13/2025 House House Committee Amendment No. 1 Filed with Clerk by Rep. Sonya M. Harper
3/13/2025 House House Committee Amendment No. 1 Referred to Rules Committee
3/18/2025 House House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
3/21/2025 House House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee