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
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2023
Last action May 24, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
16
Key actions
0
Committee
3
Mar 10, 2023
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Feb 21, 2023
Committee
Assigned to Revenue
lower
Feb 9, 2023
Committee
Referred to Assignments
lower
1 primary · 11 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mattie Hunter
DDemocratic
Co
Adriane Johnson
DDemocratic
Co
Ann Gillespie
DDemocratic
Co
Cristina H. Pacione-Zayas
DDemocratic
Co
Dave Koehler
DDemocratic
Co
Doris Turner
DDemocratic
Co
Karina Villa
DDemocratic
Co
Laura Murphy
DDemocratic
Co
Linda Holmes
DDemocratic
Co
Mike Simmons-Gessesse
DDemocratic
Co
Rachel Ventura
DDemocratic
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