HB4870

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PRESERVING NEIGHBORHOODS ACT

What this bill does

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.

Sponsor: Amy Elik Chamber: House Introduced: 2026-02-03
Stuck
P(Advance)
11.7%
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: 88%

Calculating prediction drivers...

Pipeline Progress

Current stage: In Committee · Last action 246 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.

$148,116.03 Across sponsors / voters
1 Members with trails
0 Overlapping donors

Sponsor and voter funding

Member Role Receipts Total received Top donors
Amy Elik Chief sponsor 187 $148,116.03 Realtor PAC ($5,500.00); IL State Medical Society PAC ($5,000.00); Edward Sholar ($5,000.00)

Top donors across these members

Donor Occupation Employer Receipts Total
Realtor PAC — — 4 $5,500.00
McDonalds Corp — — 1 $5,000.00
Matthew W. Schrimpf Trust President Piasa Motor Fuels 2 $5,000.00
IL State Medical Society PAC — — 2 $5,000.00
Sports Betting Alliance — — 1 $5,000.00
I.P.A.C.E. — — 1 $5,000.00
Health Care Council of IL PAC — — 1 $5,000.00
Downstate Operators Joint Labor Mgmt PAC — — 1 $5,000.00
Edward Sholar Owner Fast Eddies Bon Air 1 $5,000.00
Chicago Land Operators Joint Labor-Mgmt PAC — — 3 $4,000.00
Comcast Financial Agency Corp — — 2 $4,000.00
Manufacturers PAC — — 2 $3,500.00
Illinois CPAs for Political Action — — 3 $3,000.00
Assoc Beer Distributors of IL PAC — — 3 $3,000.00
PCI Gaming Authority — — 2 $3,000.00
Ameren Illinois PAC — — 3 $3,000.00
Southern IL Builders Assoc PAC — — 3 $2,500.00
Ameren Illinois — — 1 $2,500.00
Robert Bland CEO Life Quotes Ins 2 $2,041.02
Andrew Kirchner Owner NOTS Logistics 3 $2,000.00
Accel Entertainment Gaming LLC — — 2 $2,000.00
J & J Ventures Gaming LLC — — 2 $2,000.00
AGC of Illinois PAC — — 1 $2,000.00
I.M.H.A. PAC — — 1 $2,000.00
Tom Dixon — — 9 $1,890.25

Hearings

This bill has not been scheduled for a committee hearing.

Action History

3 actions recorded. Last action: 2026-02-06 — Referred toRules Committee. Each action's meaning and outcome signal are classified automatically.

2026-02-03 Introduction & Filing
Filed with the Clerk byRep. Amy Elik House Rule 6(b)
Bill officially submitted to the House Clerk during the session.
2026-02-06 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.
2026-02-06 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.

All actions (table)

Date Chamber Action Category Signal
2026-02-03 House Filed with the Clerk byRep. Amy Elik House Rule 6(b) Introduction & Filing —
2026-02-06 House First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38 Introduction & Filing —
2026-02-06 House Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a) Committee Assignment —