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<xml>
<title>Illinois General Assembly - Bill Status for SB 186          </title>
<shortdesc>INC TX-SOUNDPROOFING</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura M. Murphy-Thomas Cullerton, Ann Gillespie and Laura Fine</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/229 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing acoustical materials, other materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero; however, the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Laura M. Murphy</action>
<statusdate>1/30/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/30/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/5/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Thomas Cullerton</action>
<statusdate>2/5/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ann Gillespie</action>
<statusdate>2/6/2019</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/7/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura Fine</action>
<statusdate>2/19/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John G. Mulroe</action>
<statusdate>2/19/2019</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. John G. Mulroe</action>
<statusdate>2/21/2019</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/6/2019</statusdate><chamber>Senate</chamber><action>To Subcommittee on Tax Exemptions and Credits</action>
<statusdate>3/22/2019</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As March 28, 2019</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

