Bill Status of HB 3565   104th General Assembly


Short Description:  INC TX-DATA CENTERS

House Sponsors
Rep. Justin Slaughter-Kimberly Du Buclet and Rita Mayfield

Last Action  View All Actions

DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/229

Synopsis As Introduced
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 an opportunity zone 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.

Actions 
DateChamber Action
  2/7/2025HouseFiled with the Clerk by Rep. Justin Slaughter
  2/18/2025HouseFirst Reading
  2/18/2025HouseReferred to Rules Committee
  3/7/2025HouseAdded Chief Co-Sponsor Rep. Kimberly Du Buclet
  3/11/2025HouseAssigned to Revenue & Finance Committee
  3/13/2025HouseTo Income Tax Subcommittee
  3/17/2025HouseAdded Co-Sponsor Rep. Rita Mayfield
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

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