Bill Status of HB4443 96th General Assembly
Short Description: INC TAX-PROPERTY TAX CREDIT
Rep. John D. Cavaletto - Kay Hatcher - Darlene J. Senger - Dennis M. Reboletti - Sandra M. Pihos, Sidney H. Mathias, Ed Sullivan, Jr., Sandy Cole, Mike Bost, Elizabeth Coulson, Mike Fortner, Michael G. Connelly, Bob Biggins, Renée Kosel, Robert W. Pritchard, Ronald A. Wait and Donald L. Moffitt
| 1/11/2011||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Increases the tax credit for real property taxes from 5% to 10% of the real property taxes paid by the taxpayer during the taxable year on the principal residence of the taxpayer. Exempts the credit from the Act's sunset provisions. Effective immediately.