Bill Title: 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.

Spectrum: Strong Partisan Bill (Republican 11-1)

Status: (Introduced - Dead) 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee [HB2698 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Angelo Saviano [R]	Sponsor	Sponsored Bills	HD-077	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sidney Mathias [R]	Sponsor	Sponsored Bills	HD-053	FollowTheMoney	Ballotpedia	VoteSmart
Representative Richard Myers [R]	Sponsor	Sponsored Bills	HD-094	FollowTheMoney	Ballotpedia	VoteSmart
Representative Renee Kosel [R]	Sponsor	Sponsored Bills	HD-037	FollowTheMoney	Ballotpedia	VoteSmart
Representative Patricia Bellock [R]	Sponsor	Sponsored Bills	HD-047	FollowTheMoney	Ballotpedia	VoteSmart
Representative Mike Fortner [R]	Sponsor	Sponsored Bills	HD-049	FollowTheMoney	Ballotpedia	VoteSmart
Representative Michael Tryon [R]	Sponsor	Sponsored Bills	HD-066	FollowTheMoney	Ballotpedia	VoteSmart
Senator Michael Connelly [R]	Sponsor	Sponsored Bills	SD-021	FollowTheMoney	Ballotpedia	VoteSmart
Representative Keith Farnham [D]	Sponsor	Sponsored Bills	HD-043	FollowTheMoney	Ballotpedia	VoteSmart
Representative Elizabeth Coulson [R]	Sponsor	Sponsored Bills	HD-017	FollowTheMoney	Ballotpedia	VoteSmart
Representative Darlene Senger [R]	Sponsor	Sponsored Bills	HD-041	FollowTheMoney	Ballotpedia	VoteSmart
Representative William Black [R]	Sponsor	Sponsored Bills	HD-104	FollowTheMoney	Ballotpedia	VoteSmart

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