HB3124Introduced in the House
RESHORE OUR SUPPLY CHAINS
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. Provides that the amendatory Act may be referred to as the Reshore Our Supply Chains Tax Reform Act. In specified provisions concerning base income, provides that a taxpayer may claim a depreciation deduction for federal income tax purposes.
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
Filed with the Clerk by Rep. Blaine Wilhour
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
To Tax Policy: Other Taxes Subcommittee
Rule 19(a) / Re-referred to Rules Committee
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