92nd General Assembly
Status of HB3183
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 Full Text  Bill Summary

   35 ILCS 5/213 new                                                           

        Amends the Illinois Income Tax Act.  Provides for an  income  tax      
   credit  in  the  amount  of  25%  of the fair market value of property      
   located in Illinois that is donated to the  State,  a  unit  of  local      
   government, or a body that is both organized to receive and administer      
   lands  for  conservation  purposes and qualified to receive charitable      
   contributions under Illinois law  for  public  beach  access  or  use,      
   public   access   to  public  waters  or  trails,  fish  and  wildlife      
   conservation, or other similar land conservation purposes.  The credit      
   may not exceed $250,000 for individuals or $500,000 for  corporations.      
   The credit may be carried forward for 5 years.                              
   MAR-01-2001  H  FILED WITH CLERK                                               
   MAR-01-2001  H  FIRST READING                                                  
   MAR-01-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   MAR-06-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary