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HB 4849·IL·house

INC TAX-LAND PROTECTION

Reported by CommitteeFiled Feb 3, 2026
Sponsor: Will Guzzardi
Latest Action

Rule 19(a) / Re-referred to Rules Committee

Apr 17, 2026

Summary

The bill lets owners of Illinois property receive an income‑tax credit when they donate land or a conservation easement to a qualified conservation agency. Credits are 100% of the fair market value for easements and 50% for fee‑simple or remainder interests, with caps on yearly and per‑donation amounts. It aims to encourage private land protection for environmental and climate benefits.

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