Illinois Senate Bill 2476: INC TX-DOWNTOWN CREDIT

Illinois · 104th session

What it does

Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.

Latest action

Rule 3-9(a) / Re-referred to Assignments (2025-06-02)

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