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<title>Illinois General Assembly - Bill Status for HB 4849</title>
<shortdesc>INC TAX-LAND PROTECTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Will Guzzardi-Sonya M. Harper-Dagmara Avelar-Sharon Chung, Laura Faver Dias, Michelle Mussman and Lilian Jiménez</sponsors>
</sponsor>
<lastaction>
<statusdate>3/19/2026</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>35 ILCS 5/253 new</reference><aliasreference></aliasreference><SynopsisText>     Creates the Farmer Tax Benefit Act. Provides that taxpayers may apply to the Department of Natural Resources for an income tax credit in an amount equal to either (i) 100% of the fair market value of a qualified donation to a conservation agency of a land protection agreement or (ii) 50% of the fair market value of the qualified donation to a conservation agency of a fee simple interest or a remainder interest in qualified real property. Amends the Illinois Income Tax Act to make conforming changes.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2026</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Will Guzzardi</action>
<statusdate>2/6/2026</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/17/2026</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Laura Faver Dias</action>
<statusdate>2/24/2026</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/26/2026</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>2/27/2026</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michelle Mussman</action>
<statusdate>3/6/2026</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lilian Jiménez</action>
<statusdate>3/19/2026</statusdate><chamber>House</chamber><action>Recommends Do Pass Subcommittee/ Revenue &amp; Finance Committee;  006-000-000</action>
<statusdate>3/19/2026</statusdate><chamber>House</chamber><action>Reported Back To Revenue &amp; Finance Committee;</action>
<statusdate>3/19/2026</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  019-000-000</action>
<statusdate>3/19/2026</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/30/2026</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sonya M. Harper</action>
<statusdate>4/1/2026</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dagmara Avelar</action>
<statusdate>4/1/2026</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sharon Chung</action>
</actions>
</xml>
