Natalie Toro
- Democratic
- Senator
- District 20
Primary
Amends the Illinois Income Tax Act. Creates an income tax credit for certain qualified 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 that dwelling. Effective immediately.
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Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As May 3, 2024
Rule 2-10 Committee Deadline Established As April 5, 2024
Assigned to Revenue
Added as Chief Co-Sponsor Sen. Willie Preston
Filed with Secretary by Sen. Natalie Toro
Referred to Assignments
First Reading
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