INC TX-RECYCLING CREDIT
Illinois income tax credit incentivizes recycling participation and recycled material purchases by businesses and individuals through documented environmental contributions.
Illinois income tax credit incentivizes recycling participation and recycled material purchases by businesses and individuals through documented environmental contributions.
HB 1202 creates an Illinois income tax credit for businesses and individuals who participate in recycling programs or purchase recycled materials. The bill aims to incentivize waste reduction and circular economy practices by providing tax relief proportional to documented recycling activities or recycled content purchases.
Tax incentives for recycling can reduce landfill waste, lower environmental remediation costs, and support markets for recycled materials—creating economic demand that makes recycling operations more viable. Illinois currently lacks a dedicated income tax credit for recycling participation, so this would represent a new policy tool for environmental compliance and sustainability goals.
Compiled from official sources — confirm details with the bill’s official record.
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