by Michael R. Allen
On February 14, Illinois State Representative Jay C. Hoffman (D-112th), introduced a bill in the Illinois General Assembly to create a Distressed Area Land Assemblage Tax Credit for Illinois. The bill, HB 5153, takes verbatim the enacted text of the Missouri Distressed Areas Land Assemblage Tax Credit Act.
Hoffman represents a district that includes the Metro East cities of Collinsville, Edwardsville, Maryville and Fairview Heights.