Bill Status of SB0492  102nd General Assembly


Short Description:  INC TX-PPRT INVESTMENT CREDIT

Senate Sponsors
Sen. Win Stoller

Last Action
DateChamber Action
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/201


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the personal property tax replacement income tax credit for investments in qualified property applies for costs incurred on or after the effective date and on or before December 31, 2025 (currently, December 31, 2018). Effective immediately.

Actions 
DateChamber Action
  2/23/2021SenateFiled with Secretary by Sen. Win Stoller
  2/23/2021SenateFirst Reading
  2/23/2021SenateReferred to Assignments
  3/3/2021SenateAssigned to Revenue
  3/19/2021SenateTo Credits, Deductions, and Exemptions
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments