91st General Assembly
Status of HB1958
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
TURNER,ART.

   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.                                                                
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          35 ILCS 5/214 new                                                    
          Adds reference to:                                                   
          35 ILCS 5/1106                  from Ch. 120, par. 11-1106           
        Deletes everything. Amends the Illinois Income Tax Act concerning      
   court costs.  Makes a technical change.                                     
   99-02-18  H  FIRST READING                                                  
   99-02-18  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-24  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-04  H                             AMENDMENT NO. 01-REVENUE       H    
   99-03-04  H                                   ADOPTED                       
   99-03-04  H  DO PASS AMENDED/SHORT DEBATE             009-000-000   HREV    
   99-03-04  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-03-16  H  SECOND READING-SHORT DEBATE                                    
   99-03-16  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   99-03-26  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary