HISTORIC REHAB TAX CREDIT House SponsorsRep. Greg Harris-Maria Antonia Berrios-Jay C. Hoffman-Thomas Holbrook-Careen M. Gordon, Jehan A. Gordon, Daniel V. Beiser, Michael K. Smith, Bill Mitchell, Karen A. Yarbrough, Lisa M. Dugan and Jack D. Franks 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, 2010. 1/12/2010HouseFiled with the Clerk by Rep. Greg Harris 1/12/2010HouseAdded Chief Co-Sponsor Rep. Maria Antonia Berrios 1/12/2010HouseAdded Chief Co-Sponsor Rep. Jay C. Hoffman 1/12/2010HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 1/12/2010HouseAdded Chief Co-Sponsor Rep. Careen M. Gordon 1/12/2010HouseFirst Reading 1/12/2010HouseReferred to Rules Committee 1/27/2010HouseAssigned to Revenue & Finance Committee 2/9/2010HouseAdded Co-Sponsor Rep. Jehan A. Gordon 2/10/2010HouseAdded Co-Sponsor Rep. Daniel V. Beiser 2/11/2010HouseAdded Co-Sponsor Rep. Michael K. Smith 2/18/2010HouseAdded Co-Sponsor Rep. Bill Mitchell 3/4/2010HouseAdded Co-Sponsor Rep. Karen A. Yarbrough 3/8/2010HouseAdded Co-Sponsor Rep. Lisa M. Dugan 3/10/2010HouseAdded Co-Sponsor Rep. Jack D. Franks 3/15/2010HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die