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<xml>
<title>Illinois General Assembly - Bill Status for HB 5668         </title>
<shortdesc>INC TX-FOOD DESERT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kevin Schmidt-John M. Cabello</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/241 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who open and operate a supermarket or grocery store in a food desert community designated by the Department of Commerce and Economic Opportunity. Provides that the credit shall be in an amount equal to the total amount the taxpayer is assessed in property taxes for the location at which the supermarket or grocery store is located during the full taxable year that the supermarket or grocery store is open for business to the public. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kevin Schmidt</action>
<statusdate>2/20/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/20/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/22/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. John M. Cabello</action>
<statusdate>3/5/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue-Income Tax Subcommittee</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

