SB3918 - 104th General Assembly
REVENUE-HOMEBUILDER CREDIT
Last Action
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 |
