Illinois General Assembly - Bill Status for HB4823
Illinois General Assembly
  Home     Legislation & Laws     Senate     House     My Legislation     Site Map    

Previous General Assemblies

 Bill Status of HB4823  96th General Assembly

Short Description:  HISTORIC REHAB TAX CREDIT

House Sponsors
Rep. Greg Harris - Maria Antonia Berrios - Jay C. Hoffman - Thomas Holbrook - Careen M. Gordon, Jehan A. Gordon, Daniel V. Beiser, Michael K. Smith, Bill Mitchell, Karen A. Yarbrough, Lisa M. Dugan and Jack D. Franks

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
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 eligible historic property. 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 July 1, 2010.

Actions 
DateChamber Action
  1/12/2010HouseFiled with the Clerk by Rep. Greg Harris
  1/12/2010HouseAdded Chief Co-Sponsor Rep. Maria Antonia Berrios
  1/12/2010HouseAdded Chief Co-Sponsor Rep. Jay C. Hoffman
  1/12/2010HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook
  1/12/2010HouseAdded Chief Co-Sponsor Rep. Careen M. Gordon
  1/12/2010HouseFirst Reading
  1/12/2010HouseReferred to Rules Committee
  1/27/2010HouseAssigned to Revenue & Finance Committee
  2/9/2010HouseAdded Co-Sponsor Rep. Jehan A. Gordon
  2/10/2010HouseAdded Co-Sponsor Rep. Daniel V. Beiser
  2/11/2010HouseAdded Co-Sponsor Rep. Michael K. Smith
  2/18/2010HouseAdded Co-Sponsor Rep. Bill Mitchell
  3/4/2010HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  3/8/2010HouseAdded Co-Sponsor Rep. Lisa M. Dugan
  3/10/2010HouseAdded Co-Sponsor Rep. Jack D. Franks
  3/15/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

Back To Top

Home | Legislation & Laws | House | Senate | My Legislation | Disclaimers | Email

  Legislative Information System logo This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
Contact ILGA Webmaster