IL HB2698 | 2009-2010 | 96th General Assembly
Status
Spectrum: Strong Partisan Bill (Republican 11-1)
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2009 and on or before December 30, 2011, 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.
Title
INC TX-HOME PURCHASE CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-15 | Rule 19(a) / Re-referred to Rules Committee | |
| 2010-02-08 | Assigned to Revenue & Finance Committee | |
| 2009-03-24 | Added Co-Sponsor Rep. Sidney H. Mathias | |
| 2009-03-13 | Rule 19(a) / Re-referred to Rules Committee | |
| 2009-03-12 | Added Co-Sponsor Rep. Angelo Saviano | |
| 2009-03-12 | Added Co-Sponsor Rep. William B. Black | |
| 2009-03-03 | Assigned to Revenue & Finance Committee | |
| 2009-02-25 | Added Co-Sponsor Rep. Keith Farnham | |
| 2009-02-24 | Referred to Rules Committee | |
| 2009-02-24 | First Reading | |
| 2009-02-24 | Added Co-Sponsor Rep. Michael G. Connelly | |
| 2009-02-23 | Co-Sponsor Rep. Elizabeth Coulson | |
| 2009-02-23 | Co-Sponsor Rep. Michael W. Tryon | |
| 2009-02-23 | Chief Co-Sponsor Rep. Richard P. Myers | |
| 2009-02-23 | Chief Co-Sponsor Rep. Mike Fortner | |
| 2009-02-23 | Chief Co-Sponsor Rep. Patricia R. Bellock | |
| 2009-02-23 | Chief Co-Sponsor Rep. Renée Kosel | |
| 2009-02-23 | Filed with the Clerk by Rep. Darlene J. Senger |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2698&GAID=10&DocTypeID=HB&SessionID=76&GA=96 |
| Text | https://www.ilga.gov/legislation/96/HB/09600HB2698.htm |
