MUNOZ. 35 ILCS 5/214 new Amends the Illinois Income Tax Act. Creates the affordable housing assistance tax credit. Grants a credit equal to 55% of the taxpayer's affordable housing assistance expenditures. Allows an excess credit to be carried forward and applied to the succeeding 10 years. Exempts from the Act's sunset requirements. Effective immediately. 99-02-25 S FIRST READING 99-02-25 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE REVENUE 99-03-18 S TO SUBCOMMITTEE 99-03-18 S COMMITTEE REVENUE 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary