Aarón Ortíz
- Democratic
- Representative
- District 1
Primary
Amends the Illinois Income Tax Act. Provides that each taxpayer who owns rental property in the State is entitled to an income tax credit if the taxpayer (i) rents the property to a low-income household during the taxable year and (ii) charges rent to that household that is not more than 50% of the fair market rental value for the property. Effective immediately.
No votes to display
Rule 19(a) / Re-referred to Rules Committee
To Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Aaron M. Ortiz
First Reading
Referred to Rules Committee
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| Introduced | HTML |
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| No related documents. |
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