Bill Status of HB0586  102nd General Assembly


House Sponsors
Rep. Greg Harris - Thomas Holbrook, Jay C. Hoffman, Jehan A. Gordon, Daniel V. Beiser and Kay Hatcher

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Historic Rehabilitation Tax Credit Act. Authorizes tax credits against Illinois income taxes and insurance company privilege taxes for 25% of the costs of rehabilitating eligible historic property. Allows excess credits to be carried back and forward. Allows credits to be transferred, sold, or assigned. Administered by the Department of Commerce and Economic Opportunity. Sets forth application and award procedures. Effective July 1, 2009.

DateChamber Action
  2/5/2009HouseFiled with the Clerk by Rep. Greg Harris
  2/6/2009HouseFirst Reading
  2/6/2009HouseReferred to Rules Committee
  2/11/2009HouseAssigned to Revenue & Finance Committee
  2/20/2009HouseAdded Co-Sponsor Rep. Jay C. Hoffman
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  3/24/2009HouseAdded Co-Sponsor Rep. Jehan A. Gordon
  3/25/2009HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook
  4/3/2009HouseAdded Co-Sponsor Rep. Daniel V. Beiser
  4/3/2009HouseAdded Co-Sponsor Rep. Kay Hatcher
  1/11/2011HouseSession Sine Die