Bill Status of SB0141  103rd General Assembly

Short Description:  INC TX-RECYCLING PROGRAMS

Senate Sponsors
Sen. Jil Tracy

Last Action
DateChamber Action
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

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 make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the amount of the credit. Effective immediately.

Actions 
DateChamber Action
  1/24/2023SenateFiled with Secretary by Sen. Jil Tracy
  1/24/2023SenateFirst Reading
  1/24/2023SenateReferred to Assignments
  1/31/2023SenateAssigned to Revenue
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments