Illinois SB0178 introduces a tax credit for soundproofing residential homes against aircraft noise.
Illinois SB0178 amends the Illinois Income Tax Act by adding a tax credit for soundproofing residential homes against aircraft noise. The credit applies to homes located within specific noise contours of O'Hare International Airport or within 20 miles east or west and 3 miles north or south of an airport runway. To qualify, the soundproofing work must comply with the Illinois Residential Building Code Act. The credit cannot reduce a taxpayer's liability to less than zero and can be carried forward to future tax years. The credit is exempt from the Act's automatic sunset provisions.
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