HB 1147
Build illinois homes act
Build Illinois Homes Act
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
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.
Sponsors
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Primary sponsor
Dagmara Avelar
Cosponsors
Aarón M. Ortíz
Elizabeth "Lisa" Hernandez
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