Illinois General Assembly - Bill Status for SB1737

Illinois General Assembly - Bill Status for SB1737

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Bill Status of SB1737 103rd General Assembly

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Short Description: BUILD ILLINOIS TAX CREDIT

Senate Sponsors
Sen. Mattie Hunter - Cristina H. Pacione-Zayas - David Koehler - Adriane Johnson, Linda Holmes, Laura M. Murphy, Karina Villa, Ram Villivalam, Mike Simmons, Ann Gillespie, Doris Turner and Rachel Ventura

Last Action

Date	Chamber	Action
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/234 new

from Ch. 73, par. 1021

from Ch. 73, par. 1056

Synopsis As Introduced
Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.

Actions

Date	Chamber	Action
2/9/2023	Senate	Filed with Secretary by Sen. Mattie Hunter
2/9/2023	Senate	First Reading
2/9/2023	Senate	Referred to Assignments
2/15/2023	Senate	Added as Chief Co-Sponsor Sen. Cristina H. Pacione-Zayas
2/21/2023	Senate	Assigned to Revenue
2/21/2023	Senate	Added as Chief Co-Sponsor Sen. David Koehler
2/22/2023	Senate	Added as Co-Sponsor Sen. Linda Holmes
2/22/2023	Senate	Added as Co-Sponsor Sen. Laura M. Murphy
2/23/2023	Senate	Added as Co-Sponsor Sen. Karina Villa
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments
3/13/2023	Senate	Added as Chief Co-Sponsor Sen. Adriane Johnson
3/23/2023	Senate	Added as Co-Sponsor Sen. Ram Villivalam
3/29/2023	Senate	Added as Co-Sponsor Sen. Mike Simmons
5/3/2023	Senate	Added as Co-Sponsor Sen. Ann Gillespie
5/4/2023	Senate	Added as Co-Sponsor Sen. Doris Turner
5/24/2023	Senate	Added as Co-Sponsor Sen. Rachel Ventura