Bill Texts: IL SB2922 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides a tax credit for certain developers of single-family residences that incur development costs and that sell or rent qualified residences to individuals who meet certain income thresholds. Sets forth the amount of the credit. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2922 Detail]

Bill Drafts

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Introduced2024-01-26HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB2922

Supplemental Documents

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No supplemental documents for Illinois SB2922 currently on file.

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