SB 3787

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Revenue-Build Illinois Homes

Abstract

Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may award credits for certain qualified low-income housing projects. Provides that the credits may be taken against any or all of the following: (i) the taxes imposed by the Illinois Income Tax Act; or (ii) any retaliatory or privilege tax imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.

Bill Sponsors (7)

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May 15, 2020

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

May 07, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020

Senate

Rule 2-10 Committee Deadline Established As May 22, 2020

Apr 30, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020

Senate

Rule 2-10 Committee Deadline Established As May 15, 2020

Apr 23, 2020

Senate

Rule 2-10 Committee Deadline Established As May 7, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020

Apr 16, 2020

Senate

Rule 2-10 Committee Deadline Established As April 30, 2020

Apr 12, 2020

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Mar 25, 2020

Senate

Rule 2-10 Committee Deadline Established As April 24, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020

Mar 18, 2020

Senate

Rule 2-10 Committee Deadline Established As April 2, 2020

Mar 17, 2020

Senate

Added as Co-Sponsor Sen. Ann Gillespie

Mar 12, 2020

Senate

Assigned to Revenue

Mar 04, 2020

Senate

Added as Co-Sponsor Sen. Napoleon Harris, III

Feb 28, 2020

Senate

Added as Co-Sponsor Sen. Laura Fine

Feb 26, 2020

Senate

Added as Chief Co-Sponsor Sen. Linda Holmes

Senate

Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins

Feb 18, 2020

Senate

Added as Chief Co-Sponsor Sen. Christopher Belt

Feb 14, 2020

Senate

Filed with Secretary by Sen. Mattie Hunter

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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Sources

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