SB 1848

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

Revenue-Build Illinois

Abstract

Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against (i) State income taxes and (ii) any privilege tax or retaliatory tax, penalty, fee, charge, or payment imposed under the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.

Bill Sponsors (2)

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Actions


Jan 10, 2023

Senate

Session Sine Die

Apr 16, 2021

Senate

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

Mar 16, 2021

Senate

Assigned to Revenue

Mar 12, 2021

Senate

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

Feb 26, 2021

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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