Illinois General Assembly - Bill Status for SB0119

Synopsis As Introduced
Amends the Historic Preservation Tax Credit Act. Extends the sunset of the credit to December 31, 2028 (currently, December 31, 2023). Provides that, in each calendar year beginning on or after January 1, 2024 and ending on or before December 31, 2028, the State Historic Preservation Office in the Department of Natural Resources is authorized to allocate $75,000,000 (currently, $15,000,000) in tax credits under the Act. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions

Date	Chamber	Action
1/24/2023	Senate	Filed with Secretary by Sen. Steve Stadelman
1/24/2023	Senate	First Reading
1/24/2023	Senate	Referred to Assignments
1/31/2023	Senate	Assigned to Revenue
3/8/2023	Senate	Added as Chief Co-Sponsor Sen. David Koehler
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments
3/21/2023	Senate	Added as Co-Sponsor Sen. Mattie Hunter

×