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
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 3, 2023
Last action Apr 5, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
16
Key actions
2
Committee
7
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2024
Lower · Passed
To Revenue-Income Tax Subcommittee
lower
Feb 14, 2024
Committee
Assigned to Revenue & Finance Committee
lower
Mar 10, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 2, 2023
Lower · Passed
To Revenue-Income Tax Subcommittee
lower
Feb 28, 2023
Committee
Assigned to Revenue & Finance Committee
lower
Jan 12, 2023
Committee
Referred to Rules Committee
lower
1 primary · 7 co-sponsors
Sponsors
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