Bill Status of HB0393  102nd General Assembly


Short Description:  INC TX-SOUNDPROOFING

House Sponsors
Rep. Martin J. Moylan and Thomas M. Bennett

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/232 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing acoustical materials, other materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero; however, the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Actions 
DateChamber Action
  1/29/2021HouseFiled with the Clerk by Rep. Martin J. Moylan
  2/8/2021HouseFirst Reading
  2/8/2021HouseReferred to Rules Committee
  2/24/2021HouseAdded Co-Sponsor Rep. Thomas M. Bennett
  3/2/2021HouseAssigned to Revenue & Finance Committee
  3/11/2021HouseTo Income Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee