IL-HB3565 · 2025-2026 session · Legislation
INC TX-DATA CENTERS
- Jurisdiction
- Illinois
- Current status
- In Committee
- Committee
- Rules Committee
- Sponsor
- Rep. Justin Slaughter-Kimberly Du Buclet and Rita Mayfield
- Introduced
- In Committee
- Floor
- Enacted
A bill is not law unless the source record shows enactment.
Latest action
Rule 19(a) / Re-referred to Rules Committee
Mar 21, 2025
Subject areas
Policy mechanisms
Tracker tags, not legal conclusions.
Quick summary
Amends the Illinois Income Tax Act. Provides that, if a taxpayer is awarded a credit by the Department of Commerce and Economic Opportunity in connection with a qualifying Illinois data center located in an opportunity zone or a data center developed by a minority-owned business, a women-owned business, or a business owned a person with a disability, then the taxpayer is entitled to an additional income tax credit in an amount equal to 5% of the taxpayer's investment in qualified tangible personal property used in the construction or operation of that data center. Effective immediately.
Source-provided or tracker summary; not operative legal text.
Linked record: ftp.ilga.gov. Inspect the source before relying on the tracker’s interpretation.