Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

35 ILCS 5/229 new

Synopsis As Introduced
Creates the School Building Rehabilitation Tax Credit Act. Creates an income tax credit equal to 25% of the qualified expenditures incurred by a qualified taxpayer undertaking a qualified rehabilitation plan of a vacant school building. Provides that, to be eligible for the credit, the taxpayer must apply with the Department of Revenue. Provides that the credit is subject to certain limitations. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 

Date	Chamber	Action
2/15/2019	House	Filed with the Clerk by Rep. Jehan Gordon-Booth
2/15/2019	House	First Reading
2/15/2019	House	Referred to Rules Committee
2/26/2019	House	Assigned to Revenue & Finance Committee
3/6/2019	House	To Income Tax Subcommittee
3/22/2019	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jehan Gordon-Booth
3/22/2019	House	House Committee Amendment No. 1 Referred to Rules Committee
3/26/2019	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/27/2019	House	Added Chief Co-Sponsor Rep. Arthur Turner
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
3/29/2019	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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