HB 4370

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

Inc Tx-Recycling Credit

Abstract

Amends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to 100% of the eligible recycling costs incurred by the taxpayer during the taxable year, not to exceed $1,000 per taxpayer. Provides that "eligible recycling costs" means costs associated with the collection, separation, conversion, or treatment of recyclable solid waste materials, including, but not limited to, paper, glass, and plastic.

Bill Sponsors (2)

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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

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Feb 02, 2024

House

Added Co-Sponsor Rep. Kevin Schmidt

Jan 16, 2024

House

Referred to Rules Committee

House

First Reading

Jan 08, 2024

House

Filed with the Clerk by Rep. Dave Severin

Bill Text

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