SB 2440 Illinois Senate · 102nd Regular Session

BUILD ILLINOIS HOMES CREDIT

Summary

Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may allocate tax credits to the owners of qualified developments. Provides that the term "qualified development" means a qualified low-income housing project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2021

Committee Review

Floor Vote

Governor

Introduced Feb 26, 2021 Last action Jan 10, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 16, 2021

Committee

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

upper

Apr 16, 2021

Committee

Rule 3-9(a) / Re-referred to Assignments

upper

Apr 13, 2021

Upper · Passed

Senate Committee Amendment No. 1 Assignments Refers to Revenue

upper

Apr 8, 2021

Committee

Senate Committee Amendment No. 1 Referred to Assignments

upper

Apr 8, 2021

Introduced

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter

upper

Mar 23, 2021

Committee

Assigned to Revenue

upper

Feb 26, 2021

Committee

Referred to Assignments

upper

1 primary · 3 co-sponsors