IL HB2044 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 19-3)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 19-3)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
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.
Title
BUILD ILLINOIS TAX CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-07 | House | Session Sine Die |
| 2023-05-03 | House | Added Co-Sponsor Rep. Maurice A. West, II |
| 2023-04-04 | House | Added Co-Sponsor Rep. Kevin John Olickal |
| 2023-04-04 | House | Added Co-Sponsor Rep. Michelle Mussman |
| 2023-03-29 | House | Added Co-Sponsor Rep. Marcus C. Evans, Jr. |
| 2023-03-29 | House | Added Co-Sponsor Rep. Edgar González, Jr. |
| 2023-03-29 | House | Added Co-Sponsor Rep. Jennifer Gong-Gershowitz |
| 2023-03-28 | House | Added Co-Sponsor Rep. Kelly M. Cassidy |
| 2023-03-24 | House | Added Co-Sponsor Rep. Will Guzzardi |
| 2023-03-21 | House | Added Co-Sponsor Rep. Hoan Huynh |
| 2023-03-21 | House | Added Co-Sponsor Rep. Dan Ugaste |
| 2023-03-10 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2023-03-09 | House | To Revenue - Tax Credit and Incentives Subcommittee |
| 2023-03-02 | House | Added Co-Sponsor Rep. Barbara Hernández |
| 2023-03-02 | House | Added Co-Sponsor Rep. Abdelnasser Rashid |
| 2023-03-02 | House | Added Co-Sponsor Rep. Aarón M. Ortíz |
| 2023-03-02 | House | Added Co-Sponsor Rep. Jaime M. Andrade, Jr. |
| 2023-03-02 | House | Added Co-Sponsor Rep. Anna Moeller |
| 2023-03-02 | House | Added Co-Sponsor Rep. Joyce Mason |
| 2023-03-02 | House | Added Co-Sponsor Rep. Mark L. Walker |
| 2023-02-28 | House | Assigned to Revenue & Finance Committee |
| 2023-02-28 | House | Added Co-Sponsor Rep. Lilian Jiménez |
| 2023-02-27 | House | Added Co-Sponsor Rep. Michael T. Marron |
| 2023-02-09 | House | Added Chief Co-Sponsor Rep. Lindsey LaPointe |
| 2023-02-07 | House | Referred to Rules Committee |
| 2023-02-07 | House | First Reading |
| 2023-02-06 | House | Added Chief Co-Sponsor Rep. Ryan Spain |
| 2023-02-01 | House | Filed with the Clerk by Rep. Dagmara Avelar |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 215 | 5 | 409 | Amended Code | Citation Text |
| 215 | 5 | 444 | Amended Code | Citation Text |
| 35 | 5 | 234 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2044&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/HB/10300HB2044.htm |
