92nd General Assembly
Status of HB0531
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TURNER,ART-MCKEON-FLOWERS-MILLER-BOLAND, FEIGENHOLTZ, 
   FRITCHEY, DELGADO AND YARBROUGH.

   35 ILCS 5/214 new                                                           
   310 ILCS 10/8.24 new                                                        

        Amends the Illinois Income Tax Act and  the  Housing  Authorities      
   Act.   Allows taxpayers making donations to certain affordable housing      
   projects to take a tax credit for those donations.  Allows the  credit      
   to  be  carried  forward.   Allows  the  Illinois  Housing Development      
   Authority to reserve a specific amount of  tax  credits  for  approved      
   affordable   housing   projects.    Requires   the   Illinois  Housing      
   Development Authority to set eligibility  criteria  for  the  credits.      
   Limits  the  amount  of credits that may be used for employer-assisted      
   housing projects.  Contains other provisions.  Effective immediately.       
   FEB-01-2001  H  FILED WITH CLERK                                               
   FEB-05-2001  H  FIRST READING                                                  
   FEB-05-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2001  H  ADDED AS A JOINT SPONSOR                 MCKEON                
   FEB-07-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   FEB-07-2001  H  ADDED AS A JOINT SPONSOR                 FLOWERS               
   FEB-07-2001  H  ADDED AS A JOINT SPONSOR                 MILLER                
   FEB-08-2001  H  ADDED AS A CO-SPONSOR                    FEIGENHOLTZ           
   FEB-15-2001  H  ADDED AS A JOINT SPONSOR                 BOLAND                
   FEB-15-2001  H  ADDED AS A CO-SPONSOR                    OSTERMAN              
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    FRITCHEY              
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    DELGADO               
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    YARBROUGH             
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary