HB 3881

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Income Tax-Sprinkler Deduct

Abstract

Amends the Illinois Income Tax Act. Provides for a deduction beginning with taxable years ending on or after December 31, 2004, of an amount equal to the actual cost to the taxpayer to retrofit a building owned by the taxpayer with a fire sprinkler system. Provides that to qualify for this deduction, the building must be in existence on the effective date of this amendatory Act and the fire sprinkler system must be installed by personnel who are licensed in accordance with the Fire Sprinkler Contractor Licensing Act.

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Jan 11, 2005

House

Session Sine Die

Feb 19, 2004

House

Added Chief Co-Sponsor Rep. Maria Antonia Berrios

House

Added Chief Co-Sponsor Rep. Linda Chapa LaVia

House

Added Chief Co-Sponsor Rep. Jack D. Franks

Dec 29, 2003

House

Added Chief Co-Sponsor Rep. Patricia R. Bellock

Nov 04, 2003

House

First Reading

House

Referred to Rules Committee

Nov 03, 2003

House

Filed with the Clerk by Rep. Timothy L. Schmitz

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