HB 3412

  • Illinois House Bill
  • 104th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Preserving Neighborhoods Act

Abstract

Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2026 and end on or before December 31, 2031, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a credit. Effective immediately.

Bill Sponsors (1)

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Actions


Mar 21, 2025

House

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

Mar 13, 2025

House

To Tax Policy: Other Taxes Subcommittee

Mar 11, 2025

House

Assigned to Revenue & Finance Committee

Feb 18, 2025

House

First Reading

House

Referred to Rules Committee

Feb 07, 2025

House

Filed with the Clerk by Rep. Amy Elik

Bill Text

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