Comments: IL SB0492 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that the personal property tax replacement income tax credit for investments in qualified property applies for costs incurred on or after the effective date and on or before December 31, 2025 (currently, December 31, 2018). Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments [SB0492 Detail]

Text: Latest bill text (Introduced) [HTML]

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