DALATC Illinois landbanking Public Policy Southern Illinois

Illinois Seeks to Get in on the Distressed Areas Land Assemblage Tax Credit Action

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.

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