SB3072 — INC TAX-FUEL COSTS
Last action — Rule 3-9(a) / Re-referred to Assignments
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced January 29, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
This bill offers an income tax credit for infrastructure costs related to biofuels.
The bill allows taxpayers to receive a 30% income tax credit for certain infrastructure costs associated with biodiesel and renewable diesel sales. The credit is capped at $200,000 per facility and $1,000,000 per taxpayer each year.
What this means for you
- Environment: The bill supports investment in renewable energy infrastructure, potentially benefiting environmental initiatives.
- Small Business: If you own a retail fuel facility selling biofuels, you could receive a tax credit for infrastructure improvements.
Summary
Amends the Illinois Income Tax Act. Provides that a taxpayer that incurs qualified infrastructure costs in connection with the sale at a qualified retail motor fuel facility in the State of biodiesel, higher blends of ethanol fuel, and renewable diesel is allowed an income tax credit in an amount equal to 30% of those qualified infrastructure costs. Provides that the credit may not exceed $200,000 per qualified facility and $1,000,000 per taxpayer per taxable year. Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read SB3072 on the official Illinois source →Action History
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Rule 3-9(a) / Re-referred to Assignments
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Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
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Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
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Rule 2-10 Committee Deadline Established As April 24, 2026
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Assigned to Revenue
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Meg Loughran Cappel
Sponsors
- Meg Loughran Cappel · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- Meg Loughran Cappel Democrat
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB3072 do?
- Amends the Illinois Income Tax Act. Provides that a taxpayer that incurs qualified infrastructure costs in connection with the sale at a qualified retail motor fuel facility in the State of biodiesel, higher blends of ethanol fuel, and renewable diesel is allowed an income tax credit in an amount equal to 30% of those qualified infrastructure costs. Provides that the credit may not exceed $200,000 per qualified facility and $1,000,000 per taxpayer per taxable year. Effective immediately.
- Who sponsors SB3072 ?
- SB3072 is sponsored by Meg Loughran Cappel (Democrat).
- What is the current status of SB3072 ?
- This bill has been introduced in the Senate. Introduced January 29, 2026. It must pass committee before a floor vote.
- Where can I track SB3072 ?
- Track SB3072 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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