Illinois General Assembly - Bill Status for SB2440

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Bill Status of SB2440 102nd General Assembly

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Short Description: BUILD ILLINOIS HOMES CREDIT

Senate Sponsors
Sen. Mattie Hunter - Jacqueline Y. Collins, Linda Holmes and Kimberly A. Lightford

Last Action

Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/232 new

Synopsis As Introduced
Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may allocate tax credits to the owners of qualified developments. Provides that the term "qualified development" means a qualified low-income housing project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions

Date	Chamber	Action
2/26/2021	Senate	Filed with Secretary by Sen. Mattie Hunter
2/26/2021	Senate	First Reading
2/26/2021	Senate	Referred to Assignments
3/2/2021	Senate	Added as Co-Sponsor Sen. Linda Holmes
3/23/2021	Senate	Assigned to Revenue
3/25/2021	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
3/26/2021	Senate	Added as Co-Sponsor Sen. Kimberly A. Lightford
4/8/2021	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
4/8/2021	Senate	Senate Committee Amendment No. 1 Referred to Assignments
4/13/2021	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
4/16/2021	Senate	Rule 3-9(a) / Re-referred to Assignments
4/16/2021	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
1/10/2023	Senate	Session Sine Die

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