Date	Chamber	Action
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/246 new

Synopsis As Introduced
Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2026 and end on or before December 31, 2031, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a credit. Effective immediately.

Actions 

Date	Chamber	Action
2/7/2025	House	Filed with the Clerk by Rep. Amy Elik
2/18/2025	House	First Reading
2/18/2025	House	Referred to Rules Committee
3/11/2025	House	Assigned to Revenue & Finance Committee
3/13/2025	House	To Tax Policy: Other Taxes Subcommittee
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

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