HB 3278

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Eminent Domain

Abstract

Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the capital gains realized by the taxpayer from the taking of property by eminent domain to the extent that those gains are included in the taxpayer's federal taxable income. Effective immediately.

Bill Sponsors (5)

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Actions


Apr 05, 2024

House

Rule 19(a) / Re-referred to Rules Committee

Mar 08, 2024

House

To Revenue-Income Tax Subcommittee

Mar 01, 2024

House

Added Co-Sponsor Rep. David Friess

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Mar 16, 2023

House

Added Co-Sponsor Rep. Chris Miller

Mar 15, 2023

House

Added Co-Sponsor Rep. Joe C. Sosnowski

Mar 10, 2023

House

Rule 19(a) / Re-referred to Rules Committee

Mar 09, 2023

House

To Revenue-Income Tax Subcommittee

Mar 01, 2023

House

Added Chief Co-Sponsor Rep. Martin McLaughlin

Feb 28, 2023

House

Assigned to Revenue & Finance Committee

Feb 17, 2023

House

Filed with the Clerk by Rep. Blaine Wilhour

House

Referred to Rules Committee

House

First Reading

Bill Text

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Introduced HTML PDF

Related Documents

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Sources

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