INC TX-FIRE SPRINKLERS Senate SponsorsSen. Robert F. Martwick and Sally J. Turner 1/7/2025SenateSession Sine Die 35 ILCS 5/234 newAmends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the credit shall be in an amount equal to 50% of the total cost of the installation but not to exceed $10,000 per taxpayer in any taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately. 2/8/2023SenateFiled with Secretary by Sen. Robert F. Martwick 2/8/2023SenateFirst Reading 2/8/2023SenateReferred to Assignments 2/21/2023SenateAssigned to Revenue 3/10/2023SenateRule 3-9(a) / Re-referred to Assignments 3/22/2023SenateAdded as Co-Sponsor Sen. Sally J. Turner 1/7/2025SenateSession Sine Die