Rob Martwick
- Democratic
- Senator
- District 10
Primary
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the credit shall be in an amount equal to 50% of the total cost of the installation but not to exceed $10,000 per taxpayer in any taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
No votes to display
Added as Co-Sponsor Sen. Sally J. Turner
Rule 3-9(a) / Re-referred to Assignments
Assigned to Revenue
Filed with Secretary by Sen. Robert F. Martwick
First Reading
Referred to Assignments
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.