SB 62

  • Illinois Senate Bill
  • 104th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Build Illinois Homes Act

Abstract

Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments 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 (20)

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Jun 02, 2025

Senate

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

May 23, 2025

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

May 20, 2025

Senate

Added as Co-Sponsor Sen. Kimberly A. Lightford

May 09, 2025

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

May 07, 2025

Senate

Added as Co-Sponsor Sen. Chris Balkema

May 01, 2025

Senate

Added as Co-Sponsor Sen. Karina Villa

Apr 30, 2025

Senate

Added as Co-Sponsor Sen. Christopher Belt

Apr 11, 2025

Senate

Added as Chief Co-Sponsor Sen. Patrick J. Joyce

Senate

Rule 2-10 Committee Deadline Established As May 9, 2025

Apr 10, 2025

Senate

Added as Co-Sponsor Sen. Meg Loughran Cappel

Senate

Added as Co-Sponsor Sen. David Koehler

Senate

Added as Co-Sponsor Sen. Paul Faraci

Senate

Added as Co-Sponsor Sen. Sara Feigenholtz

Apr 04, 2025

Senate

Added as Co-Sponsor Sen. Steve Stadelman

Senate

Added as Co-Sponsor Sen. Linda Holmes

Senate

Added as Co-Sponsor Sen. Laura Fine

Senate

Added as Co-Sponsor Sen. Mike Porfirio

Mar 21, 2025

Senate

Rule 2-10 Committee Deadline Established As April 11, 2025

Mar 06, 2025

Senate

Added as Co-Sponsor Sen. Adriane Johnson

Feb 25, 2025

Senate

Added as Chief Co-Sponsor Sen. Graciela Guzmán

Feb 19, 2025

Senate

Added as Co-Sponsor Sen. Laura M. Murphy

Feb 18, 2025

Senate

Added as Co-Sponsor Sen. Cristina Castro

Feb 11, 2025

Senate

Added as Co-Sponsor Sen. Mike Simmons

Jan 22, 2025

Senate

Assigned to Revenue

Jan 14, 2025

Senate

Added as Chief Co-Sponsor Sen. Lakesia Collins

Jan 13, 2025

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Robert Peters

Bill Text

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Sources

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