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<xml>
<title>Illinois General Assembly - Bill Status for HB 5827         </title>
<shortdesc>INC TX-DATA CENTERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Yolonda Morris-Kimberly Du Buclet-Camille Y. Lilly-Rita Mayfield-Marcus C. Evans, Jr., Lilian Jiménez, Cyril Nichols and Dagmara Avelar</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/229</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that, if a taxpayer is awarded a credit by the Department of Commerce and Economic Opportunity in connection with a qualifying Illinois data center located in a qualified area or a data center developed by a minority-owned business, a women-owned business, or a business owned a person with a disability, then the taxpayer is entitled to an additional income tax credit in an amount equal to 5% of the taxpayer's investment in qualified tangible personal property used in the construction or operation of that data center. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>4/29/2024</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Yolonda Morris</action>
<statusdate>4/30/2024</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/30/2024</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lilian Jiménez</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Cyril Nichols</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dagmara Avelar</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Kimberly Du Buclet</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Rita Mayfield</action>
<statusdate>5/1/2024</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Marcus C. Evans, Jr.</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

