INC TX-PROP TX CREDIT
Summary
Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Dec 2021
Committee Review
Floor Vote
Governor
Introduced Dec 17, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 10, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 1, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 5, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steve Reick
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4286
Scope: IL
Hi! I can help you understand HB 4286. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline