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<xml>
<title>Illinois General Assembly - Bill Status for HB 3565</title>
<shortdesc>INC TX-DATA CENTERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Justin Slaughter-Kimberly Du Buclet and Rita Mayfield</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 5/229</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Justin Slaughter</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/7/2025</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Kimberly Du Buclet</action>
<statusdate>3/11/2025</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2025</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/17/2025</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rita Mayfield</action>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</actions>
</xml>
