Illinois General Assembly - Bill Status for HB3738

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who (1) paid rent on a personal residence in Illinois for at least 6 months during the taxable year; (2) are not claimed as a dependent on someone else's federal income taxes for the taxable year; and (3) have a federal adjusted gross income of less than $83,250, if the taxpayer is married filing a joint return, or $40,770, if the taxpayer is not married filing a joint return. Provides that, if the taxpayer is married filing a joint return, then the amount of the credit is $1,000 for both taxpayers as a single unit. Provides that, if the taxpayer is not married filing a joint return, then the amount of the credit is $500. Effective immediately.

Actions

Date	Chamber	Action
2/7/2025	House	Filed with the Clerk by Rep. Abdelnasser Rashid
2/18/2025	House	First Reading
2/18/2025	House	Referred to Rules Committee
3/11/2025	House	Assigned to Revenue & Finance Committee
3/13/2025	House	To Income Tax Subcommittee
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

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