Bill Status of SB4163 102nd General Assembly
Short Description: INC TX-PROPERTY TAX CREDIT
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
| 2/9/2022||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
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.