Bill Sponsors: IL SB2922 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Illinois Income Tax Act. Provides a tax credit for certain developers of single-family residences that incur development costs and that sell or rent qualified residences to individuals who meet certain income thresholds. Sets forth the amount of the credit. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2922 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2922 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Senator Michael Halpin [D] | Primary | Sponsored Bills | SD-036 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator David Koehler [D] | Cosponsor | Sponsored Bills | SD-046 | FollowTheMoney | Ballotpedia | VoteSmart |