HISTORIC REHAB TAX CREDIT House SponsorsRep. Greg Harris-Thomas Holbrook, Jay C. Hoffman, Jehan A. Gordon, Daniel V. Beiser and Kay Hatcher 1/11/2011HouseSession Sine Die New Act Creates the Historic Rehabilitation Tax Credit Act. Authorizes tax credits against Illinois income taxes and insurance company privilege taxes for 25% of the costs of rehabilitating eligible historic property. Allows excess credits to be carried back and forward. Allows credits to be transferred, sold, or assigned. Administered by the Department of Commerce and Economic Opportunity. Sets forth application and award procedures. Effective July 1, 2009. 2/5/2009HouseFiled with the Clerk by Rep. Greg Harris 2/6/2009HouseFirst Reading 2/6/2009HouseReferred to Rules Committee 2/11/2009HouseAssigned to Revenue & Finance Committee 2/20/2009HouseAdded Co-Sponsor Rep. Jay C. Hoffman 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 3/24/2009HouseAdded Co-Sponsor Rep. Jehan A. Gordon 3/25/2009HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 4/3/2009HouseAdded Co-Sponsor Rep. Daniel V. Beiser 4/3/2009HouseAdded Co-Sponsor Rep. Kay Hatcher 1/11/2011HouseSession Sine Die