INC TX-SMALL BUSINESS CREDIT House SponsorsRep. Debbie Meyers-Martin, Lindsey LaPointe, Martin McLaughlin, Jennifer Sanalitro, Ann M. Williams, Nabeela Syed, Lilian Jiménez and Mary Beth Canty 1/7/2025HouseSession Sine Die 35 ILCS 5/241 new 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. 1/11/2024HouseFiled with the Clerk by Rep. Debbie Meyers-Martin 1/16/2024HouseFirst Reading 1/16/2024HouseReferred to Rules Committee 2/16/2024HouseAdded Co-Sponsor Rep. Lindsey LaPointe 2/28/2024HouseAssigned to Revenue & Finance Committee 3/8/2024HouseTo Revenue-Income Tax Subcommittee 3/18/2024HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Debbie Meyers-Martin 3/18/2024HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/20/2024HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 4/5/2024HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee 5/8/2024HouseAdded Co-Sponsor Rep. Martin McLaughlin 5/8/2024HouseAdded Co-Sponsor Rep. Jennifer Sanalitro 5/20/2024HouseAdded Co-Sponsor Rep. Ann M. Williams 5/20/2024HouseAdded Co-Sponsor Rep. Nabeela Syed 5/23/2024HouseAdded Co-Sponsor Rep. Lilian Jiménez 10/9/2024HouseAdded Co-Sponsor Rep. Mary Beth Canty 1/7/2025HouseSession Sine Die