summary
Introduced
02/15/2023
02/15/2023
In Committee
03/10/2023
03/10/2023
Crossed Over
Passed
Dead
01/08/2025
01/08/2025
Introduced Session
103rd General Assembly
Bill Summary
Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $250 for taxpayers who (i) adopt an animal from a no kill animal shelter and (ii) retain ownership of the animal for a period of 6 consecutive months during the taxable year. Effective immediately.
AI Summary
This bill creates a new income tax credit of $250 for Illinois taxpayers who adopt an animal from a "no kill animal shelter" and retain ownership of the animal for at least 6 consecutive months during the taxable year. The credit can be carried forward for up to 5 tax years if it exceeds the taxpayer's liability in the year it is claimed. The bill defines a "no kill animal shelter" as one where fewer than 10% of the animals received were euthanized in the previous calendar year. The bill takes effect immediately upon becoming law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Session Sine Die (on 01/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2511&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| BillText | https://www.ilga.gov/legislation/103/HB/10300HB2511.htm |
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