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HB1501

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INC TX-BEGINNING FARMER

What this bill does

Amends the Illinois Income Tax Act. Creates an income tax credit for an owner of an agricultural asset who sells or rents the agricultural asset to a beginning farmer. Sets forth the amount of the credit. Provides that the amount of the credit awarded with respect to any single sale or lease agreement shall not exceed $50,000 in any taxable year. Provides that the taxpayer shall apply to the Department of Agriculture for credits under the program. Provides that, for taxable years beginning on or after January 1, 2025 and beginning before January 1, 2030, the Department of Agriculture may not approve more than $5,000,000 in credits under the program in any taxable year. Provides that, for taxable years beginning on or after January 1, 2030, the Department of Agriculture may not approve more than $10,000,000 in credits under the program in any taxable year. Effective immediately.

Sponsor: Dan Swanson Chamber: House Introduced: 2025-01-21
Stuck
P(Advance)
14.3%
Chance it ever reaches a milestone (committee, floor, etc.). Not “next step.”
P(Law)
0.0%
Chance it becomes law given where it is now (stage, momentum).
Confidence: 86%

Calculating prediction drivers...

Pipeline Progress

Current stage: In Committee · Last action 530 days ago · STAGNANT

How does a bill become law in Illinois?
  1. Introduction of Bill

    A member of the Senate or the House introduces a bill, which is assigned a unique identifying number (e.g., "H.B. ___" for House bills and "S.B. ___" for Senate bills). If not enacted, it must be reintroduced in the next General Assembly with a new number.

  2. Committee Work — Hearings

    The bill goes to the appropriate committee, which holds hearings to gather expert opinions and determine the need for the legislation.

  3. Committee Work — Markup, Amendments, Report

    The committee may make amendments to the bill. If approved, a committee report endorsing the bill is issued.

  4. Floor Debate

    The bill is debated and can be further amended. The debate transcripts are accessible online for public viewing.

  5. Passage and Consideration in Second Chamber

    If the bill passes in the first chamber, it moves to the second chamber for a similar review process. If both chambers approve, it goes to the governor.

  6. Gubernatorial Action

    The governor can sign the bill into law, veto it, or take no action (resulting in an automatic law after 60 days). The type of veto can be total or amendatory. Once signed, the bill becomes a Public Act and is assigned a Public Act number.

Sponsor Context

Campaign finance

This is SBE campaign receipts to the people on this bill, not Moneyball and not earmarked to the bill.

Money is campaign receipts to matched candidate committees, not earmarked to this bill. Window 2025-01-01 – 2026-09-13.

$2,931,446.19 Across sponsors / voters
2 Members with trails
20 Overlapping donors

Sponsor and voter funding

Member Role Receipts Total received Top donors
Dan Swanson Chief sponsor 197 $118,572.71 Downstate Operators Joint Labor-Management PAC ($7,500.00); I.P.A.C.E.Illinois Political Action Committee for Education ($7,500.00); Marion Calmer ($5,000.00)
Tony M. McCombie Sponsor 755 $2,812,873.48 Engineers Political Education Committee ($385,000.00); Chicago Land Operators Joint Labor Mgmt PAC ($300,000.00); Tony McCombie ($103,629.08)

Overlapping donors

Donors who gave to more than one sponsor or voter on this bill. Still not earmarked to the bill.

Donor Members Total
J & J Ventures Gaming LLC Tony M. McCombie, Dan Swanson $37,000.00
Manufacturers PAC Tony M. McCombie, Dan Swanson $20,500.00
Illinois State Medical Society PAC Tony M. McCombie, Dan Swanson $18,000.00
Ameren Tony M. McCombie, Dan Swanson $14,500.00
BNSF Railway Company Tony M. McCombie, Dan Swanson $11,500.00
CAR of Illinois Tony M. McCombie, Dan Swanson $8,300.00
Sports Betting Alliance Tony M. McCombie, Dan Swanson $7,500.00
Michael Thoms Tony M. McCombie, Dan Swanson $7,000.00
Mid American Energy Company Tony M. McCombie, Dan Swanson $4,500.00
Energy Transfer PAC Tony M. McCombie, Dan Swanson $4,000.00
Norfolk Southern Corp Tony M. McCombie, Dan Swanson $3,250.00
Peoples Energy PAC Tony M. McCombie, Dan Swanson $2,750.00
Contractors for Free Enterprise Tony M. McCombie, Dan Swanson $2,750.00
Illinois Policy PAC Tony M. McCombie, Dan Swanson $2,750.00
SUAAction Tony M. McCombie, Dan Swanson $2,250.00
Motorola Solutions Tony M. McCombie, Dan Swanson $1,800.00
Gary Asay Tony M. McCombie, Dan Swanson $1,250.00
Ralph Rivera Tony M. McCombie, Dan Swanson $1,000.00
Todd Sieben Tony M. McCombie, Dan Swanson $1,000.00
Dennis English Tony M. McCombie, Dan Swanson $790.00

Top donors across these members

Donor Occupation Employer Receipts Total
Engineers Political Education Committee — — 2 $385,000.00
Chicago Land Operators Joint Labor Mgmt PAC — — 1 $300,000.00
Tony McCombie Leadership HRO 3 $103,629.08
Health Care Council of Illinois PAC — — 5 $66,000.00
Realtor PAC — — 8 $60,020.00
Associated Beer Distributors of IL PAC — — 4 $58,023.15
IHA PAC — — 2 $55,000.00
House Republican Organization — — 8 $46,748.35
Accel Entertainment Gaming, LLC — — 3 $40,000.00
Fraternal Order of Police Lodge 7 — — 3 $37,500.00
J & J Ventures Gaming LLC — — 4 $37,000.00
Donald Wilson Owner DRW Holdings 2 $35,000.00
Southern Glazers Wine & Spirits LLC — — 3 $29,620.00
ABBVIE PAC — — 3 $25,000.00
Chicago Land Operators Jnt Lbr Mgmt PAC — — 4 $25,000.00
Marquis Energy LLC — — 1 $25,000.00
Illinois Road Builders PAC — — 1 $25,000.00
Chicago J Dineen Lodge 7 PAC — — 1 $25,000.00
Illinois Road Builders — — 1 $25,000.00
Vistra Corp. — — 2 $21,000.00
Manufacturers PAC — — 3 $20,500.00
AGC of Illinois PAC — — 2 $20,000.00
Comcast — — 2 $20,000.00
Mayer Brown LLP — — 2 $20,000.00
IL Broadband & Cable Association PAC — — 2 $20,000.00

Hearings

This bill has not been scheduled for a committee hearing.

Witness slips

7 slips filed. Proponent / opponent / no position as filed with the committee.

Name Organization Representing Position Hearing committee Hearing date
Reese Rathjen Amyx self Proponent Income Tax Subcommittee 2025-03-20
Kristopher Reynolds American Farmland Trust American Farmland Trust Proponent Income Tax Subcommittee 2025-03-20
Reese Rathjen Amyx Self Proponent Income Tax Subcommittee 2025-03-20
Helen VanBeck American Farmland Trust American Farmland Trust Proponent Income Tax Subcommittee 2025-03-11
Michael Luebbers Illinois Freedom Civic Coalition dba Illinois Freedom Alliance On behalf of IFCC dba IFA Proponent Revenue & Finance 2025-03-06
Kristopher Reynolds American Farmland Trust American Farmland Trust Proponent Revenue & Finance 2025-02-27
Nicole Saulsberry sierra club Illinois Sierra Club Illinois Proponent Revenue & Finance 2025-02-27

Action History

7 actions recorded. Last action: 2025-04-28 — Added Co-SponsorRep. Tony M. McCombie. Each action's meaning and outcome signal are classified automatically.

2025-01-21 Introduction & Filing
Filed with the Clerk byRep. Dan Swanson House Rule 6(b)
Bill officially submitted to the House Clerk during the session.
2025-01-28 Introduction & Filing
First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38
Formal introduction — title read into the official record. Required procedural step; bill now exists in the system.
2025-01-28 Committee Assignment
Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a)
Sent to a committee (usually Rules in the House, Assignments in the Senate). The gatekeeping step — Rules/Assignments decides which substantive committee hears the bill.
2025-02-18 Committee Assignment
Assigned toRevenue & Finance Committee Senate Rule 3-8(a); House Rule 18(b)
Sent to a substantive committee (e.g., Transportation, Revenue). This is where the bill gets a real hearing and evaluation.
2025-03-03 Committee Assignment
ToIncome Tax Subcommittee Rule 3-3(b)
Referred to a subcommittee for more focused review (e.g., 'To Tax Policy: Other Taxes Subcommittee').
2025-03-21 Deadlines & Re-referrals Mild −
Rule 19(a) / Re-referred toRules Committee House Rule 19(a); Senate analog: Rule 3-9(a)
MISSED COMMITTEE DEADLINE — bill did not get a committee vote before the deadline and is re-referred to Rules/Assignments. The bill is NOT dead but faces an uphill battle to be reassigned. Most bills that hit Rule 19(a) do not advance.
2025-04-28 Co-Sponsorship Mild +
Added Co-SponsorRep. Tony M. McCombie Senate Rule 5-1(a); House Rule 37(a)
A legislator adds their name as co-sponsor, signaling public support for the bill.

All actions (table)

Date Chamber Action Category Signal
2025-01-21 House Filed with the Clerk byRep. Dan Swanson House Rule 6(b) Introduction & Filing —
2025-01-28 House First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38 Introduction & Filing —
2025-01-28 House Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a) Committee Assignment —
2025-02-18 House Assigned toRevenue & Finance Committee Senate Rule 3-8(a); House Rule 18(b) Committee Assignment —
2025-03-03 House ToIncome Tax Subcommittee Rule 3-3(b) Committee Assignment —
2025-03-21 House Rule 19(a) / Re-referred toRules Committee House Rule 19(a); Senate analog: Rule 3-9(a) Deadlines & Re-referrals Mild −
2025-04-28 House Added Co-SponsorRep. Tony M. McCombie Senate Rule 5-1(a); House Rule 37(a) Co-Sponsorship Mild +