Delia C. Ramirez
- District 4
Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may award credits for certain qualified low-income housing projects. Provides that the credits may be taken against any or all of the following: (i) the taxes imposed by the Illinois Income Tax Act; or (ii) any retaliatory or privilege tax imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.
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Added Co-Sponsor Rep. Barbara Hernandez
Added Co-Sponsor Rep. Maurice A. West, II
Rule 19(b) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Jonathan Carroll
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Elizabeth Hernandez
Added Co-Sponsor Rep. Lindsey LaPointe
Added Co-Sponsor Rep. Theresa Mah
Added Co-Sponsor Rep. Emanuel Chris Welch
Added Chief Co-Sponsor Rep. Michael J. Zalewski
Added Co-Sponsor Rep. Margo McDermed
Added Chief Co-Sponsor Rep. Tom Demmer
Referred to Rules Committee
Filed with the Clerk by Rep. Delia C. Ramirez
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