92nd General Assembly
Status of SB1135
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PETERSON-RONEN-HENDON-OBAMA-SILVERSTEIN, 
   JACOBS AND RADOGNO.

(TURNER,ART-CURRIE-ERWIN-YARBROUGH-YOUNGE)

   35 ILCS 5/214 new                                                           
   310 ILCS 10/8.24 new                                                        

        Amends the Illinois Income Tax Act and  the  Housing  Authorities      
   Act.   Allows taxpayers making donations to certain affordable housing      
   projects to take a tax credit for those donations.  Allows the  credit      
   to  be  carried  forward.   Allows  the  Illinois  Housing Development      
   Authority to reserve a specific amount of  tax  credits  for  approved      
   affordable   housing   projects.    Requires   the   Illinois  Housing      
   Development Authority to set eligibility  criteria  for  the  credits.      
   Limits  the  amount  of credits that may be used for employer-assisted      
   housing projects.  Contains other provisions.  Effective immediately.       
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          310 ILCS 10/8.24 new                                                 
          Adds reference to:                                                   
          20 ILCS 3805/7.28 new                                                
        Deletes everything after the enacting clause.  Reinserts the bill      
   as  introduced  but  removes  the  provisions  amending  the   Housing      
   Authorities  Act  and adds those amendatory provisions to the Illinois      
   Housing Development Act instead.  Provides that the  Illinois  Housing      
   Development Authority may administer and adopt rules for an affordable      
   housing  tax  donation  credit  program  to  provide  tax  credits for      
   donations to sponsors of affordable  housing  projects.   Changes  the      
   term  "housing  authority"  to  "administrative  housing  agency"  and      
   provides  that,  in  addition  to  the  Illinois  Housing  Development      
   Authority,  this  term  means  an agency of the City of Chicago rather      
   than the Department of Housing of  the  City  of  Chicago.   Effective      
   immediately.                                                                
        HOUSE AMENDMENT NO. 1.  (House recedes May 30, 2001)                   
          Deletes reference to:                                                
          20 ILCS 3805/7.28 new                                                
        Deletes  everything  after  the  enacting  clause.   Amends   the      
   Illinois Income Tax Act.  Adds a provision, containing a caption only,      
   concerning tax credits for affordable housing donations.                    
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-08-2001  S  ADDED AS A CHIEF CO-SPONSOR              RONEN                 
   MAR-08-2001  S  ADDED AS A CO-SPONSOR                    DEL VALLE             
   MAR-20-2001  S  ADDED AS A CO-SPONSOR                    JACOBS                
   MAR-21-2001  S  ADDED AS A CHIEF CO-SPONSOR              HENDON                
   MAR-21-2001  S                             AMENDMENT NO. 01-REVENUE       S    
   MAR-21-2001  S                                   ADOPTED                       
   MAR-22-2001  S       DO PASS AS AMENDED                  008-001-000   SREV    
   MAR-22-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-033-27             
   MAR-27-2001  S  SECOND READING                                                 
   MAR-27-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-28              
   MAR-28-2001  S  ADDED AS A CHIEF CO-SPONSOR              OBAMA                 
   MAR-29-2001  S  ADDED AS A CHIEF CO-SPONSOR              SILVERSTEIN           
   MAR-29-2001  S  THIRD READING - PASSED                   052-003-000           
   MAR-29-2001  H  ARRIVE IN HOUSE                                                
   MAR-29-2001  H  HOUSE SPONSOR                            TURNER,ART            
   MAR-29-2001  H  FIRST READING                                                  
   MAR-29-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   MAR-29-2001  S  ADDED AS A CO-SPONSOR                    RADOGNO               
   APR-03-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   APR-05-2001  H  ADDED AS A JOINT SPONSOR                 CURRIE                
   APR-05-2001  H  ADDED AS A JOINT SPONSOR                 ERWIN                 
   APR-25-2001  H  ADDED AS A JOINT SPONSOR                 YARBROUGH             
   APR-25-2001  H  ADDED AS A JOINT SPONSOR                 YOUNGE                
   APR-26-2001  H                             AMENDMENT NO. 01-REVENUE       H    
   APR-26-2001  H                                   ADOPTED SUB                   
   APR-26-2001  H       REMAINS IN COMMITTEE                REVENUE               
   MAY-03-2001  H  DO PASS AMENDED/SHORT DEBATE             011-000-000   HREV    
   MAY-03-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-09-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-09-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-10-2001  H  ADDED AS AN ALTERNATE CO-SPONSOR         MOORE                 
   MAY-10-2001  H  ADDED AS AN ALTERNATE CO-SPONSOR         JONES,LOU             
   MAY-10-2001  H  THIRD READING/SHORT DEBATE/PASSED        113-001-000           
   MAY-10-2001  S  SECRETARYS DESK - CONCURRENCE            01                    
   MAY-16-2001  S  FILED WITH SECRETARY                                           
   MAY-16-2001  S    MOTION NON-CONCUR - HOUSE AMENDMENT NO 01-PETERSON           
   MAY-23-2001  S  SEN NON-CONCURS IN HSE AMENDMENTS (NO.)  01                    
   MAY-23-2001  H  ARRIVE IN HOUSE                                                
   MAY-23-2001  H  PLACED CALENDAR ORDER NON-CONCURRENCE    01                    
   MAY-30-2001  H     MOTION TO RECEDE - HOUSE AMENDMENT NO 01/TURNER,ART         
   MAY-30-2001  H                        MOTION REFERRED TO HRUL                  
   MAY-30-2001  H  RECOMMENDS BE ADOPTED                    HRUL/003-001-000      
   MAY-30-2001  H  HSE RECEDES FROM AMENDMENT (NO.)         01/117-000-000        
   MAY-30-2001  S  PASSED BOTH HOUSES                                             
   JUN-28-2001  S  SENT TO THE GOVERNOR                                           
   AUG-23-2001  S  GOVERNOR APPROVED                                              
   AUG-23-2001  S                            EFFECTIVE DATE 01-08-23              
   AUG-23-2001  S  PUBLIC ACT.............................. 92-0491               

   END OF INQUIRY 



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