<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1202</title>
<shortdesc>INC TX-RECYCLING CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dave Severin</sponsors>
</sponsor>
<lastaction>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/246 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to 100% of the eligible recycling costs incurred by the taxpayer during the taxable year, not to exceed $1,000 per taxpayer. Provides that "eligible recycling costs" means costs associated with the collection, separation, conversion, or treatment of recyclable solid waste materials, including, but not limited to, paper, glass, and plastic.</SynopsisText></synopsis>
<actions>
<statusdate>1/9/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dave Severin</action>
<statusdate>1/9/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/9/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/11/2025</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/25/2025</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</actions>
</xml>
