Bill Sponsors: IL HB2637 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB2637 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Steven Reick [R]PrimarySponsored BillsHD-063FollowTheMoneyBallotpediaVoteSmart
Representative Charles Meier [R]CosponsorSponsored BillsHD-109FollowTheMoneyBallotpediaVoteSmart
Representative Mark Luft [R]CosponsorSponsored BillsHD-091FollowTheMoneyBallotpediaVoteSmart
Representative Chris Miller [R]CosponsorSponsored BillsHD-101FollowTheMoneyBallotpediaVoteSmart

Social Comments on IL HB2637

feedback