HB3419 - 104th General Assembly (2025-2026)
INC TX-DIESEL CREDIT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer that manufactures renewable diesel in Illinois for use by a rail carrier. Provides that the amount of the credit is $1 per gallon of renewable diesel that is manufactured by the taxpayer in the State for use by a rail carrier. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/07/2025 | House | Filed with the Clerk by Rep. Elizabeth "Lisa" Hernandez |
| 2/18/2025 | House | First Reading |
| 2/18/2025 | House | Referred to Rules Committee |
| 3/07/2025 | House | Added Co-Sponsor Rep. Jaime M. Andrade, Jr. |
| 3/07/2025 | House | Added Co-Sponsor Rep. Edgar González, Jr. |
| 3/11/2025 | House | Assigned to Revenue & Finance Committee |
| 3/13/2025 | House | To Income Tax Subcommittee |
| 3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
| 5/20/2025 | House | Motion Filed to Suspend Rule 21 Rules Committee; Rep. Bob Morgan |
| 5/20/2025 | House | Motion to Suspend Rule 21 - Prevailed 005-000-000 |