Bill Title: 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.

Spectrum: Partisan Bill (Democrat 12-0)

Status: (Introduced) 2023-05-24 - Added as Co-Sponsor Sen. Rachel Ventura [SB1737 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB1737

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1737 currently on file.

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