IL SB4163 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Republican 17-0)
Status: Introduced on February 9 2022 - 25% progression, died in committee
Action: 2022-03-01 - Added as Co-Sponsor Sen. Dave Syverson
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2022 - 25% progression, died in committee
Action: 2022-03-01 - Added as Co-Sponsor Sen. Dave Syverson
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Increases the credit for for residential real property taxes from 5% to 10% of real property taxes paid by the taxpayer for tax years ending on or after December 31, 2022. Effective immediately.
Title
INC TX-PROPERTY TAX CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-01 | Senate | Added as Co-Sponsor Sen. Dave Syverson |
| 2022-03-01 | Senate | Added as Co-Sponsor Sen. Steve McClure |
| 2022-03-01 | Senate | Added as Co-Sponsor Sen. Jason A. Barickman |
| 2022-02-15 | Senate | Added as Co-Sponsor Sen. Dan McConchie |
| 2022-02-15 | Senate | Added as Co-Sponsor Sen. Sue Rezin |
| 2022-02-14 | Senate | Added as Co-Sponsor Sen. Win Stoller |
| 2022-02-14 | Senate | Added as Chief Co-Sponsor Sen. Jason Plummer |
| 2022-02-14 | Senate | Added as Chief Co-Sponsor Sen. Brian W. Stewart |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Sally J. Turner |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Darren Bailey |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Craig Wilcox |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Terri Bryant |
| 2022-02-10 | Senate | Added as Chief Co-Sponsor Sen. Jil Tracy |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Donald P. DeWitte |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Dale Fowler |
| 2022-02-10 | Senate | Added as Co-Sponsor Sen. Neil Anderson |
| 2022-02-09 | Senate | Referred to Assignments |
| 2022-02-09 | Senate | First Reading |
| 2022-02-09 | Senate | Filed with Secretary by Sen. Chapin Rose |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 208 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4163&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/SB/10200SB4163.htm |
