HB 3117

  • Illinois House Bill
  • 104th 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 (1)

Votes


No votes to display

Actions


Mar 21, 2025

House

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

Mar 06, 2025

House

To Tax Policy: Other Taxes Subcommittee

Mar 04, 2025

House

Assigned to Revenue & Finance Committee

Feb 18, 2025

House

First Reading

House

Referred to Rules Committee

Feb 06, 2025

House

Filed with the Clerk by Rep. Blaine Wilhour

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
No related documents.

Sources

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.