# Illinois SB0062: BUILD ILLINOIS HOMES ACT

Illinois SB0062, BUILD ILLINOIS HOMES ACT, is a 104th General Assembly (2025–2026) Senate bill sponsored by Robert Peters (Democratic); status in committee, last action 2026-05-22 (Rule 3-9(a) / Re-referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB0062-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB0062
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: BUILD ILLINOIS HOMES ACT
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-13
- Last action: 2026-05-22, Rule 3-9(a) / Re-referred to Assignments
- Sponsor: Robert Peters (Democratic)
- Cosponsors: 19
- Subjects: assignments, revenue
- Touches household money: no
- Economic provisions PRIA read: 0

## 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Robert Peters (Democratic), Senate
- Cosponsor: Adriane L. Johnson (Democratic), Senate
- Cosponsor: Chris Balkema (Republican), Senate
- Cosponsor: Christopher Belt (Democratic), Senate
- Cosponsor: Cristina Castro (Democratic), Senate
- Cosponsor: David Koehler (Democratic), Senate
- Cosponsor: Graciela Guzmán (Democratic), Senate
- Cosponsor: Karina Villa (Democratic), Senate
- Cosponsor: Kimberly A. Lightford (Democratic), Senate
- Cosponsor: Lakesia Collins (Democratic), Senate
- Cosponsor: Laura Fine (Democratic), Senate
- Cosponsor: Laura M. Murphy (Democratic), Senate
- Cosponsor: Linda Holmes (Democratic), Senate
- Cosponsor: Meg Loughran Cappel (Democratic), Senate
- Cosponsor: Mike Porfirio (Democratic), Senate
- Cosponsor: Mike Simmons (Democratic), Senate
- Cosponsor: Patrick J. Joyce (Democratic), Senate
- Cosponsor: Paul Faraci (Democratic), Senate
- Cosponsor: Sara Feigenholtz (Democratic), Senate
- Cosponsor: Steve Stadelman (Democratic), Senate

## Actions (33)

- 2026-05-22: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-05-15: Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026 (Senate)
- 2026-04-24: Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026 (Senate)
- 2026-03-13: Rule 2-10 Committee Deadline Established As April 24, 2026 (Senate)
- 2026-02-10: Re-assigned to Revenue (Senate)
- 2025-06-02: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2025-05-23: Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025 (Senate)
- 2025-05-20: Added as Co-Sponsor Sen. Kimberly A. Lightford (Senate)
- 2025-05-09: Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025 (Senate)
- 2025-05-07: Added as Co-Sponsor Sen. Chris Balkema (Senate)
- 2025-05-01: Added as Co-Sponsor Sen. Karina Villa (Senate)
- 2025-04-30: Added as Co-Sponsor Sen. Christopher Belt (Senate)
- 2025-04-11: Rule 2-10 Committee Deadline Established As May 9, 2025 (Senate)
- 2025-04-11: Added as Chief Co-Sponsor Sen. Patrick J. Joyce (Senate)
- 2025-04-10: Added as Co-Sponsor Sen. David Koehler (Senate)
- 2025-04-10: Added as Co-Sponsor Sen. Meg Loughran Cappel (Senate)
- 2025-04-10: Added as Co-Sponsor Sen. Sara Feigenholtz (Senate)
- 2025-04-10: Added as Co-Sponsor Sen. Paul Faraci (Senate)
- 2025-04-04: Added as Co-Sponsor Sen. Steve Stadelman (Senate)
- 2025-04-04: Added as Co-Sponsor Sen. Mike Porfirio (Senate)
- 2025-04-04: Added as Co-Sponsor Sen. Laura Fine (Senate)
- 2025-04-04: Added as Co-Sponsor Sen. Linda Holmes (Senate)
- 2025-03-21: Rule 2-10 Committee Deadline Established As April 11, 2025 (Senate)
- 2025-03-06: Added as Co-Sponsor Sen. Adriane L. Johnson (Senate)
- 2025-02-25: Added as Chief Co-Sponsor Sen. Graciela Guzmán (Senate)
- 2025-02-19: Added as Co-Sponsor Sen. Laura M. Murphy (Senate)
- 2025-02-18: Added as Co-Sponsor Sen. Cristina Castro (Senate)
- 2025-02-11: Added as Co-Sponsor Sen. Mike Simmons (Senate)
- 2025-01-22: Assigned to Revenue (Senate)
- 2025-01-14: Added as Chief Co-Sponsor Sen. Lakesia Collins (Senate)
- 2025-01-13: Referred to Assignments (Senate)
- 2025-01-13: First Reading (Senate)
- 2025-01-13: Filed with Secretary by Sen. Robert Peters (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0062.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0062.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
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Source: PRIA, https://policyrisk.com/state-bill/IL-SB0062-2025-2026 (as of 2026-11-01).