HB4841 - 104th General Assembly (2025-2026)

INC TX-AFFORDABLE HOUSING
Last Action
3/26/2026 - House: Placed on Calendar 2nd Reading - Short Debate
House Sponsors
Rep. Martha Deuter
Hearings
Tax Policy: Sales Tax Subcommittee Hearing Mar 26 2026 8:08AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Tax Policy: Other Taxes Subcommittee Hearing Mar 26 2026 8:07AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Tax Policy: Income Tax Subcommittee Hearing Mar 26 2026 8:06AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Tax Policy: Finance Subcommittee Hearing Mar 26 2026 8:05AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Tax Credit and Incentives Subcommittee Hearing Mar 26 2026 8:04AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Sales Tax Subcommittee Hearing Mar 26 2026 8:03AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Revenue & Finance Committee Hearing Mar 26 2026 8:00AM Stratton Building Room D-1 Springfield, IL - House Committee Amendment 1
Property Tax Subcommittee H
Statutes Amended In Order of Appearance
35 ILCS 5/214  
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the tax credit for affordable housing donations applies permanently. Effective immediately.

House Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that the tax credit for affordable housing donations applies until the taxable year ending on December 31, 2036 (currently, December 31, 2026). Effective immediately.
Actions
DateChamberAction
2/03/2026HouseFiled with the Clerk by Rep. Martha Deuter
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee
2/17/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Tax Policy: Other Taxes Subcommittee
3/19/2026HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Martha Deuter
3/19/2026HouseHouse Committee Amendment No. 1 Referred to Rules Committee
3/20/2026HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/26/2026HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000
3/26/2026HouseReported Back To Revenue & Finance Committee;
3/26/2026HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
3/26/2026HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 020-000-000
3/26/2026HousePlaced on Calendar 2nd Reading - Short Debate