HB 4939

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Home Purchase Credit

Abstract

Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2010 and on or before December 30, 2012, provides that taxpayers are entitled to a credit in an amount equal to 1% of the purchase price of the taxpayer's principal place of residence, subject to certain conditions. Provides that the credit may not exceed $5,000. Effective immediately.

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Jan 11, 2011

House

Session Sine Die

Mar 15, 2010

House

Rule 19(a) / Re-referred to Rules Committee

Feb 16, 2010

House

Added Chief Co-Sponsor Rep. Sidney H. Mathias

Feb 09, 2010

House

Assigned to Revenue & Finance Committee

Jan 15, 2010

House

Referred to Rules Committee

House

First Reading

Jan 14, 2010

House

Filed with the Clerk by Rep. Darlene J. Senger

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