INC TX-RECYCLING PROGRAMS

Session: 103rd General Assembly
Year: 2024
Bill #: SB2998
Category: Environment
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the amount of the credit. Effective immediately.



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