Mike Halpin
- Democratic
- Senator
- District 36
Primary
Amends the Illinois Income Tax Act. Creates an income tax credit for developers that invest in a qualified project redeveloping a brownfield or grayfield. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Creates an exemption for tangible personal property that is purchased by a developer who has been awarded a certificate of exemption by the Department of Commerce and Economic Opportunity and that is used to rehabilitate brownfield or grayfield property. Effective immediately.
No votes to display
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As May 3, 2024
Rule 2-10 Committee Deadline Established As April 5, 2024
Assigned to Revenue
Filed with Secretary by Sen. Michael W. Halpin
Referred to Assignments
First Reading
| 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.