IllinoisHB4413104th General Assembly (2025–2026)House

REVENUE-AFFORDABLE HOUSING

Sponsored By: Dagmara Avelar

In Committee

Summary

Amends the Illinois Housing Development Act and the Illinois Income Tax Act. Provides that the amount of credits awarded under the affordable housing tax donation program is limited to $41,831,227 in State fiscal year 2027 and shall increase by 10% each fiscal year thereafter (currently, $32,850,352 in State fiscal years 2022 and 2023 increased by 5% each fiscal year thereafter). Provides that the affordable housing donation income tax credit applies through the taxable year ending on December 31, 2036 (currently, December 31, 2026). Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Dagmara Avelar

    Affiliation unavailable

Cosponsors

  • Amy Briel

    Affiliation unavailable

  • Anna Moeller

    Affiliation unavailable

  • Barbara Hernandez

    Affiliation unavailable

  • Eva-Dina Delgado

    Affiliation unavailable

  • Lilian Jiménez

    Affiliation unavailable

  • Rita Mayfield

    Affiliation unavailable

  • Sharon Chung

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added Co-Sponsor Rep. Anna Moeller

    5/11/2026House
  2. Added Co-Sponsor Rep. Amy Briel

    5/8/2026House
  3. Added Co-Sponsor Rep. Lilian Jiménez

    4/24/2026House
  4. Added Co-Sponsor Rep. Rita Mayfield

    4/20/2026House
  5. Added Chief Co-Sponsor Rep. Sharon Chung

    4/15/2026House
  6. Added Chief Co-Sponsor Rep. Barbara Hernandez

    4/15/2026House
  7. Added Chief Co-Sponsor Rep. Eva-Dina Delgado

    4/2/2026House
  8. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  9. To Tax Credit and Incentives Subcommittee

    2/26/2026House
  10. Assigned to Revenue & Finance Committee

    2/24/2026House
  11. Referred to Rules Committee

    1/14/2026House
  12. First Reading

    1/14/2026House
  13. Filed with the Clerk by Rep. Dagmara Avelar

    1/13/2026House

Bill Text

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