Illinois General Assembly - Bill Status for HB2221
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB2221  103rd General Assembly

Short Description:  INC TX-FIRE SPRINKLERS

House Sponsors
Rep. Mary E. Flowers - Martin McLaughlin - Sonya M. Harper

Last Action
DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/234 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the credit shall be in an amount equal to 50% of the total cost of the installation but not to exceed $10,000 per taxpayer in any taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

DateChamber Action
  2/8/2023HouseFiled with the Clerk by Rep. Mary E. Flowers
  2/8/2023HouseFirst Reading
  2/8/2023HouseReferred to Rules Committee
  2/21/2023HouseAssigned to Revenue & Finance Committee
  2/23/2023HouseTo Revenue-Income Tax Subcommittee
  2/28/2023HouseAdded Chief Co-Sponsor Rep. Martin McLaughlin
  2/28/2023HouseAdded Chief Co-Sponsor Rep. Sonya M. Harper
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Back To Top