Bill Status of SB4163  102nd General Assembly


Short Description:  INC TX-PROPERTY TAX CREDIT

Senate Sponsors
Sen. Chapin Rose - Jil Tracy - Brian W. Stewart - Jason Plummer, Neil Anderson, Dale Fowler, Donald P. DeWitte, Terri Bryant, Craig Wilcox, Darren Bailey, Sally J. Turner, Win Stoller, Sue Rezin, Dan McConchie, Jason A. Barickman, Steve McClure and Dave Syverson

Last Action
DateChamber Action
  2/9/2022SenateReferred to Assignments

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


Synopsis As Introduced
Amends the Illinois Income Tax Act. Increases the credit for for residential real property taxes from 5% to 10% of real property taxes paid by the taxpayer for tax years ending on or after December 31, 2022. Effective immediately.

Actions 
DateChamber Action
  2/9/2022SenateFiled with Secretary by Sen. Chapin Rose
  2/9/2022SenateFirst Reading
  2/9/2022SenateReferred to Assignments
  2/10/2022SenateAdded as Co-Sponsor Sen. Neil Anderson
  2/10/2022SenateAdded as Co-Sponsor Sen. Dale Fowler
  2/10/2022SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
  2/10/2022SenateAdded as Chief Co-Sponsor Sen. Jil Tracy
  2/10/2022SenateAdded as Co-Sponsor Sen. Terri Bryant
  2/10/2022SenateAdded as Co-Sponsor Sen. Craig Wilcox
  2/10/2022SenateAdded as Co-Sponsor Sen. Darren Bailey
  2/10/2022SenateAdded as Co-Sponsor Sen. Sally J. Turner
  2/14/2022SenateAdded as Chief Co-Sponsor Sen. Brian W. Stewart
  2/14/2022SenateAdded as Chief Co-Sponsor Sen. Jason Plummer
  2/14/2022SenateAdded as Co-Sponsor Sen. Win Stoller
  2/15/2022SenateAdded as Co-Sponsor Sen. Sue Rezin
  2/15/2022SenateAdded as Co-Sponsor Sen. Dan McConchie
  3/1/2022SenateAdded as Co-Sponsor Sen. Jason A. Barickman
  3/1/2022SenateAdded as Co-Sponsor Sen. Steve McClure
  3/1/2022SenateAdded as Co-Sponsor Sen. Dave Syverson