Bill Title: Amends the Illinois Housing Development Act. Provides that the term "administrative housing agency" means either the Illinois Housing Development Authority, an agency of the City of Chicago, or the Chicago Board of Education (rather than the Authority or an agency of the City of Chicago). Provides that the City of Chicago and the Chicago Board of Education (rather than the City of Chicago) shall receive 21.5% and 3%, respectively (rather than 24.5%), of the total tax credits authorized for each fiscal year under the Illinois Income Tax Act.

Sponsorship: Partisan Bill (Democrat 5)

Status: (Passed) 2010-07-27 - Public Act . . . . . . . . . 96-1341 [SB3531 Detail]

Text: Latest bill text (Enrolled) [HTML]

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