· IL legislature · 104th

INC TX-DOWNTOWN CREDIT

Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.

Sponsor

Mattie Hunter (D-IL)

Introduced

2025-02-07

Policy area

Taxation

Latest action

Rule 3-9(a) / Re-referred to Assignments