INC TAX-DEDUCT LAND DONATIONS Senate SponsorsSen. Chris Lauzen 1/12/2011SenateSession Sine Die 35 ILCS 5/203from Ch. 120, par. 2-203 Amends the Illinois Income Tax Act. Allows individuals to deduct an amount equal to the value of real estate donated during the taxable year to an entity exempt from federal taxation under Section 501(c) of the Internal Revenue Code. Requires the taxpayer to file with his or her return an appraisal substantiating the deduction that meets the requirements for appraisals acceptable to the Internal Revenue Service to substantiate the value of real estate for federal income tax purposes. Effective immediately. 2/20/2009SenateFiled with Secretary by Sen. Chris Lauzen 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/4/2009SenateAssigned to Revenue 3/12/2009SenateTo Revenue Subcommittee on Special Issues 3/13/2009SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die