SB3918 - 104th General Assembly

REVENUE-HOMEBUILDER CREDIT
Last Action
2/24/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Darby A. Hills
Statutes Amended In Order of Appearance
20 ILCS 3805/33.1 new
35 ILCS 5/246 new
Synopsis As Introduced
Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall issue to home builders who build single-family homes in the State (i) certificates of exemption from the Retailers' Occupation Tax Act, the Use Tax Act, the Service Use Tax Act, and the Service Occupation Tax Act and (ii) credit certifications against the taxes imposed under the Illinois Income Tax Act.
Actions
Date Chamber Action
2/06/2026 Senate Filed with Secretary by Sen. Darby A. Hills
2/06/2026 Senate First Reading
2/06/2026 Senate Referred to Assignments
2/24/2026 Senate Assigned to Revenue
3/13/2026 Senate Rule 2-10 Committee Deadline Established As April 24, 2026
4/24/2026 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026