BUILD ILLINOIS TAX CREDIT
Summary
Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 18, 2022
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 9, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 21, 2022
Committee
Referred to Rules Committee
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Delia C. Ramirez
DDemocratic
Co
Dee Avelar
DDemocratic
Co
Tom Demmer
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4596
Scope: IL
Hi! I can help you understand HB 4596. 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