INC TAX-ACCESS RES BLDG CREDIT House SponsorsRep. Bill Mitchell 1/11/2005HouseSession Sine Die 35 ILCS 5/213 new Amends the Illinois Income Tax Act. Provides that, beginning with taxable years ending on or after December 31, 2003 and ending with taxable years ending on or before December 30, 2008, a taxpayer is entitled to an income tax credit for the amount expended by the taxpayer for alterations to residential property that is not otherwise required to be accessible and is voluntarily being made accessible under standards established in the Illinois Accessibility Code, provided that the property is located within one-half mile of a heavy rail transit station. Provides that the tax credit may not reduce the taxpayer's liability to less than zero but that the taxpayer may carry the credit forward for 10 taxable years. Requires the taxpayer to maintain and record any information required by the Department of Revenue regarding the alterations for which the credit is claimed. Effective immediately. 2/3/2003HouseFiled with the Clerk by Rep. Bill Mitchell 2/4/2003HouseFirst Reading 2/4/2003HouseReferred to Rules Committee 2/5/2003HouseAssigned to Revenue Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die