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<xml>
<title>Illinois General Assembly - Bill Status for HB 4106         </title>
<shortdesc>RIVERS EDGE-TAX CREDIT SUNSET</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kevin Schmidt</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/221</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that a qualified taxpayer that has begun construction on a qualified restoration or preservation project prior to December 31, 2026, will be eligible to receive the tax credit until the taxable year that the project is completed or suspended.</SynopsisText></synopsis>
<actions>
<statusdate>7/6/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kevin Schmidt</action>
<statusdate>10/18/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>10/18/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/14/2024</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/8/2024</statusdate><chamber>House</chamber><action>To Revenue - Tax Credit and Incentives Subcommittee</action>
<statusdate>4/5/2024</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

