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HB3117Introduced in the House

INC TX-EMINENT DOMAIN

IntroducedHouse Rules

Introduced by Blaine Wilhour, District 110

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the capital gains realized by the taxpayer from the taking of property by eminent domain to the extent that those gains are included in the taxpayer's federal taxable income. Effective immediately.

Where it stands

Rule 19(a) / Re-referred to Rules Committee

March 21, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed with the Clerk by Rep. Blaine Wilhour

  2. First Reading

  3. Referred to Rules Committee

  4. Assigned to Revenue & Finance Committee

  5. To Tax Policy: Other Taxes Subcommittee

  6. Rule 19(a) / Re-referred to Rules Committee

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