IL HB3460 | 2019-2020 | 101st General Assembly

Illinois House Bill 3460 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 15 2019 - 25% progression, died in committee
Action: 2019-08-07 - Added Co-Sponsor Rep. Lindsey LaPointe
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make a qualified donation of a crop to a food bank or other charitable organization in Illinois. Provides that the amount of the credit shall be 15% of the value of the quantity of the crop donated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Title

INC TX-CROP DONATION

History

Date	Chamber	Action
2019-08-07	House	Added Co-Sponsor Rep. Lindsey LaPointe
2019-03-29	House	Rule 19(a) / Re-referred to Rules Committee
2019-03-14	House	To Income Tax Subcommittee
2019-03-05	House	Assigned to Revenue & Finance Committee
2019-02-15	House	Referred to Rules Committee
2019-02-15	House	First Reading
2019-02-15	House	Filed with the Clerk by Rep. Lance Yednock

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
35	5	229	New Code	See Bill Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3460&GAID=15&DocTypeID=HB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/HB/10100HB3460.htm