Illinois General Assembly - Bill Status for HB4939

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Bill Status of HB4939 101st General Assembly

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Short Description: INC TX-HOME PURCHASE CREDIT

House Sponsors
Rep. Darlene J. Senger - Sidney H. Mathias

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/219 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2010 and on or before December 30, 2012, provides that taxpayers are entitled to a credit in an amount equal to 1% of the purchase price of the taxpayer's principal place of residence, subject to certain conditions. Provides that the credit may not exceed $5,000. Effective immediately.

Actions

Date	Chamber	Action
1/14/2010	House	Filed with the Clerk by Rep. Darlene J. Senger
1/15/2010	House	First Reading
1/15/2010	House	Referred to Rules Committee
2/9/2010	House	Assigned to Revenue & Finance Committee
2/16/2010	House	Added Chief Co-Sponsor Rep. Sidney H. Mathias
3/15/2010	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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