HB 4909 Illinois House · 103rd Regular Session

BUILD ILLINOIS HOMES ACT

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 in committee 1 of 4 stages cleared

Introduction

Feb 2024

Committee Review

Floor Vote

Governor

Introduced Feb 6, 2024 Last action May 6, 2024

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 5, 2024

Committee

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

lower

Apr 5, 2024

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Apr 3, 2024

Lower · Passed

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

lower

Apr 2, 2024

Committee

House Committee Amendment No. 1 Referred to Rules Committee

lower

Apr 2, 2024

Introduced

House Committee Amendment No. 1 Filed with Clerk by Rep. Dagmara Avelar

lower

Mar 8, 2024

Lower · Passed

To Revenue - Tax Credit and Incentives Subcommittee

lower

Feb 28, 2024

Committee

Assigned to Revenue & Finance Committee

lower

Feb 7, 2024

Committee

Referred to Rules Committee

lower

1 primary · 12 co-sponsors