HB1147 - 104th General Assembly

BUILD ILLINOIS HOMES ACT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
New Act
35 ILCS 5/246 new
215 ILCS 5/409from Ch. 73, par. 1021
215 ILCS 5/444from Ch. 73, par. 1056
Synopsis As Introduced
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.
Actions
Date Chamber Action
1/05/2025 House Prefiled with Clerk by Rep. Dagmara Avelar
1/09/2025 House First Reading
1/09/2025 House Referred to Rules Committee
1/31/2025 House Added Co-Sponsor Rep. Ryan Spain
1/31/2025 House Removed Co-Sponsor Rep. Ryan Spain
2/06/2025 House Added Chief Co-Sponsor Rep. Sharon Chung
2/11/2025 House Assigned to Revenue & Finance Committee
2/18/2025 House Added Co-Sponsor Rep. Nabeela Syed
2/25/2025 House To Tax Credit and Incentives Subcommittee
3/07/2025 House Added Co-Sponsor Rep. Matt Hanson
3/13/2025 House Added Chief Co-Sponsor Rep. Kam Buckner
3/13/2025 House Added Co-Sponsor Rep. Joyce Mason
3/13/2025 House Added Co-Sponsor Rep. Theresa Mah
3/13/2025 House Added Co-Sponsor Rep. Michael Crawford
3/13/2025 House Added Co-Sponsor Rep. Abdelnasser Rashid
3/13/2025 House Added Co-Sponsor Rep. Maurice A. West, II
3/13/2025 House Added Co-Sponsor Rep. Aarón M. Ortíz
3/13/2025 House Added Co-Sponsor Rep. Nicholas K. Smith
3/13/2025 House Added Chief Co-Sponsor Rep. Ryan Spain
3/17/2025 House Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
3/25/2025 House Added Co-Sponsor Rep. Hoan Huynh
5/07/2025 House Added Co-Sponsor Rep. Natalie A. Manley
5/09/2025 House Added Co-Sponsor Rep. Anna Moeller
5/12/2025 House Added Chief Co-Sponsor Rep. Justin Slaughter
5/12/2025 House Added Co-Sponsor Rep. Margaret Croke
5/12/2025 House Added Co-Sponsor Rep. Michelle Mussman
5/12/2025 House Added Co-Sponsor Rep. Maura Hirschauer
5/12/2025 House Added Co-Sponsor Rep. Nicolle Grasse
5/12/2025 House Added Co-Sponsor Rep. Lilian Jiménez
5/16/2025 House Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
5/16/2025 House Remove Chief Co-Sponsor Rep. Justin Slaughter
5/16/2025 House Added Chief Co-Sponsor Rep. Curtis J. Tarver, II
5/16/2025 House Added Co-Sponsor Rep. Justin Slaughter
5/28/2025 House Added Co-Sponsor Rep. Kevin John Olickal