INC TX-HOME PURCHASE CREDIT
Summary
Amends the Illinois Income Tax Act. Provides that taxpayers are entitled to a credit in an amount equal to 1% of the purchase price of the taxpayer's principal place of residence, subject to certain conditions. Provides that the credit may not exceed $2,000. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
May 2008
Committee Review
Floor Vote
Governor
Introduced May 16, 2008
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
0
Committee
1
Jan 13, 2009
House · Failed
Session Sine Die
May 19, 2008
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Ronald A. Wait
RRepublican
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