DCEO-MASTER REDEVELOPMENT PLAN House SponsorsRep. Jay Hoffman 3/27/2026HouseRule 19(a) / Re-referred to Rules Committee New Act35 ILCS 5/203from Ch. 120, par. 2-203 Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenue Code. Amends the Illinois Income Tax Act. Creates a deduction for capital contributions that are made pursuant to a master development plan and that are included in the taxpayer's federal taxable income for the taxable year under Section 118 of the Internal Revenue Code. Effective immediately. 1/5/2026HouseFiled with the Clerk by Rep. Jay Hoffman 1/14/2026HouseFirst Reading 1/14/2026HouseReferred to Rules Committee 3/12/2026HouseAssigned to Revenue & Finance Committee 3/27/2026HouseRule 19(a) / Re-referred to Rules Committee