IllinoisHB4870104th General Assembly (2025–2026)House

PRESERVING NEIGHBORHOODS ACT

Sponsored By: Amy Elik

In Committee

Summary

Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2027 and end on or before December 31, 2032, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a credit. Effective immediately.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Amy Elik

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Rules Committee

    2/6/2026House
  2. First Reading

    2/6/2026House
  3. Filed with the Clerk by Rep. Amy Elik

    2/3/2026House

Bill Text

Related Bills

Back to State Legislation