SB 2912 Illinois Senate · 103rd Regular Session

INC TX-HOUSING DEVELOPMENT

Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for qualified housing developers who incur development costs in the construction of new housing. Sets forth the amount of the credit. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 26, 2024 Last action May 3, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
5
May 3, 2024
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Apr 5, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As May 3, 2024
lower
Mar 15, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As April 5, 2024
lower
Feb 6, 2024
Committee
Assigned to Revenue
lower
Jan 26, 2024
Committee
Referred to Assignments
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rachel Ventura
Rachel Ventura
DDemocratic
IL
43