FEIGENHOLTZ. 35 ILCS 5/211 new Amends the Illinois Income Tax Act to create a tax credit for individuals in the amount of 3% of the average monthly rent paid by the taxpayer during the taxable year on his or her residence. Provides that no amount of rent in excess of $1,000 per month shall be used in calculating the average monthly rent. Sunsets the credit after 10 years. Effective immediately. 99-01-27 H FILED WITH CLERK 99-01-27 H FIRST READING 99-01-27 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-02 H ASSIGNED TO COMMITTEE REVENUE 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary