Illinois General Assembly - Bill Status for HB4370

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to 100% of the eligible recycling costs incurred by the taxpayer during the taxable year, not to exceed $1,000 per taxpayer. Provides that "eligible recycling costs" means costs associated with the collection, separation, conversion, or treatment of recyclable solid waste materials, including, but not limited to, paper, glass, and plastic.

Actions

Date	Chamber	Action
1/8/2024	House	Filed with the Clerk by Rep. Dave Severin
1/16/2024	House	First Reading
1/16/2024	House	Referred to Rules Committee
2/2/2024	House	Added Co-Sponsor Rep. Kevin Schmidt
2/28/2024	House	Assigned to Revenue & Finance Committee
3/8/2024	House	To Revenue-Income Tax Subcommittee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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