HB 5082

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Rental Payments

Abstract

Amends the Illinois Income Tax Act. Creates an income tax credit for individual taxpayers who rent a dwelling in Illinois for use as their principal place of residence. Provides that the credit shall be equal to 5% of the documented rental costs paid by such taxpayer during the taxable year on the principal place of residence of the taxpayer. Effective immediately.

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Jan 10, 2023

House

Session Sine Die

Jan 27, 2022

House

First Reading

House

Referred to Rules Committee

Jan 26, 2022

House

Filed with the Clerk by Rep. Michael J. Zalewski

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