Date	Chamber	Action
1/28/2025	House	Referred to Rules Committee

Statutes Amended In Order of Appearance

35 ILCS 5/246 new

Synopsis As Introduced
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.

Actions 

Date	Chamber	Action
1/14/2025	House	Filed with the Clerk by Rep. Debbie Meyers-Martin
1/28/2025	House	First Reading
1/28/2025	House	Referred to Rules Committee

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