· IL legislature · 104th

PRESERVING NEIGHBORHOODS ACT

Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2027 and end on or before December 31, 2032, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a c…

Sponsor

Amy Elik (R-IL)

Introduced

2026-02-03

Policy area

Housing and Community Development

Latest action

Referred to Rules Committee