Bill Title: Creates the Historic Rehabilitation Tax Credit Act. Authorizes tax credits against Illinois income taxes and insurance company privilege taxes for 25% of the costs of rehabilitating certain historic property located in a River Edge Redevelopment Zone. Allows excess credits to be carried back and forward. Allows credits to be transferred, sold, or assigned. Administered by the Department of Commerce and Economic Opportunity. Sets forth application and award procedures. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 10-5)

Status: (Passed) 2011-07-28 - Public Act . . . . . . . . . 97-0203 [SB2168 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2011-07-29	HTML/Text	Link	View
Amended	2011-05-29	HTML/Text	Link	View
Amended	2011-05-13	HTML/Text	Link	View
Amended	2011-03-23	HTML/Text	Link	View
Enrolled	Not Avail	HTML/Text	Link	View
Engrossed	Not Avail	HTML/Text	Link	View
Introduced	Not Avail	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB2168

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2168 currently on file.

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