Bill Status of HB 1073   103rd General Assembly

Short Description:  INC TX-PROP TX CREDIT

House Sponsors
Rep. Steven Reick, Martin McLaughlin, Tony M. McCombie, Dan Swanson, Norine K. Hammond, Tom Weber, Dave Severin and Kevin Schmidt

Last Action  View All Actions

DateChamber Action
  1/7/2025HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/208from Ch. 120, par. 2-208

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Actions 
DateChamber Action
  1/3/2023HousePrefiled with Clerk by Rep. Steven Reick
  1/12/2023HouseFirst Reading
  1/12/2023HouseReferred to Rules Committee
  2/21/2023HouseAdded Co-Sponsor Rep. Martin McLaughlin
  2/28/2023HouseAssigned to Revenue & Finance Committee
  3/2/2023HouseTo Revenue-Income Tax Subcommittee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  5/9/2023HouseAdded Co-Sponsor Rep. Tony M. McCombie
  6/22/2023HouseAdded Co-Sponsor Rep. Dan Swanson
  8/8/2023HouseAdded Co-Sponsor Rep. Norine K. Hammond
  11/8/2023HouseAdded Co-Sponsor Rep. Tom Weber
  11/8/2023HouseAdded Co-Sponsor Rep. Dave Severin
  2/2/2024HouseAdded Co-Sponsor Rep. Kevin Schmidt
  2/14/2024HouseAssigned to Revenue & Finance Committee
  3/8/2024HouseTo Revenue-Income Tax Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee
  1/7/2025HouseSession Sine Die

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