IL HB4939 | 2009-2010 | 96th General Assembly
Status
Sponsorship: Partisan Bill (Republican 2)
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2010 and on or before December 30, 2012, provides that taxpayers are entitled to a credit in an amount equal to 1% of the purchase price of the taxpayer's principal place of residence, subject to certain conditions. Provides that the credit may not exceed $5,000. Effective immediately.
Title
INC TX-HOME PURCHASE CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-15 | Rule 19(a) / Re-referred to Rules Committee | |
| 2010-02-16 | Added Chief Co-Sponsor Rep. Sidney H. Mathias | |
| 2010-02-09 | Assigned to Revenue & Finance Committee | |
| 2010-01-15 | Referred to Rules Committee | |
| 2010-01-15 | First Reading | |
| 2010-01-14 | Filed with the Clerk by Rep. Darlene J. Senger |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4939&GAID=10&DocTypeID=HB&SessionID=76&GA=96 |
| Text | https://www.ilga.gov/legislation/96/HB/09600HB4939.htm |
