IllinoisSB0062104th General Assembly (2025–2026)Senate

BUILD ILLINOIS HOMES ACT

Sponsored By: Robert Peters

In Committee

Summary

Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.

assignmentsrevenue

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Robert Peters

    Affiliation unavailable

Cosponsors

  • Adriane Johnson

    Affiliation unavailable

  • Chris Balkema

    Affiliation unavailable

  • Christopher Belt

    Affiliation unavailable

  • Cristina Castro

    Affiliation unavailable

  • David Koehler

    Affiliation unavailable

  • Graciela Guzmán

    Affiliation unavailable

  • Karina Villa

    Affiliation unavailable

  • Kimberly A. Lightford

    Affiliation unavailable

  • Lakesia Collins

    Affiliation unavailable

  • Laura Fine

    Affiliation unavailable

  • Laura M. Murphy

    Affiliation unavailable

  • Linda Holmes

    Affiliation unavailable

  • Meg Loughran Cappel

    Affiliation unavailable

  • Mike Porfirio

    Affiliation unavailable

  • Mike Simmons

    Affiliation unavailable

  • Patrick J. Joyce

    Affiliation unavailable

  • Paul Faraci

    Affiliation unavailable

  • Sara Feigenholtz

    Affiliation unavailable

  • Steve Stadelman

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  4. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  5. Re-assigned to Revenue

    2/10/2026Senate
  6. Rule 3-9(a) / Re-referred to Assignments

    6/2/2025Senate
  7. Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

    5/23/2025Senate
  8. Added as Co-Sponsor Sen. Kimberly A. Lightford

    5/20/2025Senate
  9. Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

    5/9/2025Senate
  10. Added as Co-Sponsor Sen. Chris Balkema

    5/7/2025Senate
  11. Added as Co-Sponsor Sen. Karina Villa

    5/1/2025Senate
  12. Added as Co-Sponsor Sen. Christopher Belt

    4/30/2025Senate
  13. Rule 2-10 Committee Deadline Established As May 9, 2025

    4/11/2025Senate
  14. Added as Chief Co-Sponsor Sen. Patrick J. Joyce

    4/11/2025Senate
  15. Added as Co-Sponsor Sen. David Koehler

    4/10/2025Senate
  16. Added as Co-Sponsor Sen. Meg Loughran Cappel

    4/10/2025Senate
  17. Added as Co-Sponsor Sen. Sara Feigenholtz

    4/10/2025Senate
  18. Added as Co-Sponsor Sen. Paul Faraci

    4/10/2025Senate
  19. Added as Co-Sponsor Sen. Steve Stadelman

    4/4/2025Senate
  20. Added as Co-Sponsor Sen. Mike Porfirio

    4/4/2025Senate
  21. Added as Co-Sponsor Sen. Laura Fine

    4/4/2025Senate
  22. Added as Co-Sponsor Sen. Linda Holmes

    4/4/2025Senate
  23. Rule 2-10 Committee Deadline Established As April 11, 2025

    3/21/2025Senate
  24. Added as Co-Sponsor Sen. Adriane Johnson

    3/6/2025Senate
  25. Added as Chief Co-Sponsor Sen. Graciela Guzmán

    2/25/2025Senate

Bill Text

Related Bills

Back to State Legislation