Illinois General Assembly - Bill Status for HB4596
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 Bill Status of HB4596  102nd General Assembly


Short Description:  BUILD ILLINOIS TAX CREDIT

House Sponsors
Rep. Delia C. Ramirez - Dagmara Avelar - Tom Demmer

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/232 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 
DateChamber Action
  1/18/2022HouseFiled with the Clerk by Rep. Delia C. Ramirez
  1/20/2022HouseAdded Chief Co-Sponsor Rep. Dagmara Avelar
  1/21/2022HouseFirst Reading
  1/21/2022HouseReferred to Rules Committee
  1/27/2022HouseAdded Chief Co-Sponsor Rep. Tom Demmer
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

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