Bill Title: Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 4-2)

Status: (Introduced) 2024-05-20 - Added Co-Sponsor Rep. Nabeela Syed [HB4430 Detail]

Text: Latest bill text (Introduced) [HTML]

---

Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Debbie Meyers-Martin [D]	Primary	Sponsored Bills	HD-038	FollowTheMoney	Ballotpedia	VoteSmart
Representative Lindsey LaPointe [D]	Cosponsor	Sponsored Bills	HD-019	FollowTheMoney	Ballotpedia	VoteSmart
Representative Martin McLaughlin [R]	Cosponsor	Sponsored Bills	HD-052	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jennifer Sanalitro [R]	Cosponsor	Sponsored Bills	HD-048	FollowTheMoney	Ballotpedia	N/A
Representative Ann Williams [D]	Cosponsor	Sponsored Bills	HD-011	FollowTheMoney	Ballotpedia	VoteSmart
Representative Nabeela Syed [D]	Cosponsor	Sponsored Bills	HD-051	FollowTheMoney	Ballotpedia	N/A

Social Comments on IL HB4430