SB 3233 Illinois Senate · 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 16, 2024

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 3, 2024

Committee

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

lower

May 3, 2024

Committee

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

lower

Apr 9, 2024

Lower · Passed

Senate Committee Amendment No. 1 Assignments Refers to Revenue

lower

Apr 5, 2024

Lower · Passed

Rule 2-10 Committee Deadline Established As May 3, 2024

lower

Apr 3, 2024

Committee

Senate Committee Amendment No. 1 Referred to Assignments

lower

Apr 3, 2024

Introduced

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert Peters

lower

Mar 15, 2024

Lower · Passed

Rule 2-10 Committee Deadline Established As April 5, 2024

lower

Feb 14, 2024

Committee

Assigned to Revenue

lower

Feb 6, 2024

Committee

Referred to Assignments

lower

1 primary · 17 co-sponsors