HB1147 - 104th General Assembly

BUILD ILLINOIS HOMES ACT
Last Action

03/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

New Act
35 ILCS 5/246 new
215 ILCS 5/409from Ch. 73, par. 1021
215 ILCS 5/444from 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
01/05/2025 House Prefiled with Clerk by Rep. Dagmara Avelar
01/09/2025 House First Reading
01/09/2025 House Referred to Rules Committee
01/31/2025 House Added Co-Sponsor Rep. Ryan Spain
01/31/2025 House Removed Co-Sponsor Rep. Ryan Spain
02/06/2025 House Added Chief Co-Sponsor Rep. Sharon Chung
02/11/2025 House Assigned to Revenue & Finance Committee
02/18/2025 House Added Co-Sponsor Rep. Nabeela Syed
02/25/2025 House To Tax Credit and Incentives Subcommittee
03/07/2025 House Added Co-Sponsor Rep. Matt Hanson
03/13/2025 House Added Chief Co-Sponsor Rep. Kam Buckner
03/13/2025 House Added Co-Sponsor Rep. Joyce Mason
03/13/2025 House Added Co-Sponsor Rep. Theresa Mah
03/13/2025 House Added Co-Sponsor Rep. Michael Crawford
03/13/2025 House Added Co-Sponsor Rep. Abdelnasser Rashid
03/13/2025 House Added Co-Sponsor Rep. Maurice A. West, II
03/13/2025 House Added Co-Sponsor Rep. Aarón M. Ortíz
03/13/2025 House Added Co-Sponsor Rep. Nicholas K. Smith
03/13/2025 House Added Chief Co-Sponsor Rep. Ryan Spain
03/17/2025 House Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
03/21/2025 House Rule 19(a) / Re-referred to Rules Committee
03/25/2025 House Added Co-Sponsor Rep. Hoan Huynh
05/07/2025 House Added Co-Sponsor Rep. Natalie A. Manley
05/09/2025 House Added Co-Sponsor Rep. Anna Moeller
05/12/2025 House Added Chief Co-Sponsor Rep. Justin Slaughter
05/12/2025 House Added Co-Sponsor Rep. Margaret Croke
05/12/2025 House Added Co-Sponsor Rep. Michelle Mussman
05/12/2025 House Added Co-Sponsor Rep. Maura Hirschauer
05/12/2025 House Added Co-Sponsor Rep. Nicolle Grasse
05/12/2025 House Added Co-Sponsor Rep. Lilian Jiménez
05/16/2025 House Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
05/16/2025 House Remove Chief Co-Sponsor Rep. Justin Slaughter
05/16/2025 House Added Chief Co-Sponsor Rep. Curtis J. Tarver, II
05/16/2025 House Added Co-Sponsor Rep. Justin Slaughter
05/28/2025 House Added Co-Sponsor Rep. Kevin John Olickal