Charlie Meier
- Republican
- Representative
- District 109
Primary
Amends the Illinois Income Tax Act. Provides that each taxpayer who qualifies as a young farmer is allowed a credit of $1,000 for the taxable year in which the taxpayer first purchases real property that will be used for agricultural production. Provides that the term "young farmer" means an individual who is 35 years of age or younger and who derives a minimum of 50% of his or her income from farming. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Kelly M. Cassidy
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Charles E. Meier
Referred to Rules Committee
First Reading
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