Illinois General Assembly - Bill Status for SB2440
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 Bill Status of SB2440  102nd General Assembly


Short Description:  BUILD ILLINOIS HOMES CREDIT

Senate Sponsors
Sen. Mattie Hunter - Jacqueline Y. Collins, Linda Holmes and Kimberly A. Lightford

Last Action
DateChamber Action
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/232 new


Synopsis As Introduced
Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may allocate tax credits to the owners of qualified developments. Provides that the term "qualified development" means a qualified low-income housing project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Mattie Hunter
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/2/2021SenateAdded as Co-Sponsor Sen. Linda Holmes
  3/23/2021SenateAssigned to Revenue
  3/25/2021SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  3/26/2021SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  4/8/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
  4/8/2021SenateSenate Committee Amendment No. 1 Referred to Assignments
  4/13/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments
  4/16/2021SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

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