Bill Texts: IL SB2998 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the amount of the credit. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2998 Detail]

Bill Drafts

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Introduced2024-02-02HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB2998

Supplemental Documents

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No supplemental documents for Illinois SB2998 currently on file.

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