Date	Chamber	Action
1/22/2025	Senate	Assigned to Revenue

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/246 new

215 ILCS 5/409

from Ch. 73, par. 1021

215 ILCS 5/444

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
1/13/2025	Senate	Filed with Secretary by Sen. Robert Peters
1/13/2025	Senate	First Reading
1/13/2025	Senate	Referred to Assignments
1/14/2025	Senate	Added as Chief Co-Sponsor Sen. Lakesia Collins
1/22/2025	Senate	Assigned to Revenue

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