IllinoisSB3738104th General Assembly (2025–2026)Senate

REVENUE-AFFORDABLE HOUSING

Sponsored By: Mike Porfirio (Democratic)

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.

assignmentsrevenue

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Mike Porfirio

    Democratic • Senate

Cosponsors

  • Dave Syverson

    Republican • Senate

  • David Koehler

    Democratic • Senate

  • Emil Jones, III

    Democratic • Senate

  • Graciela Guzmán

    Democratic • Senate

  • Karina Villa

    Democratic • Senate

  • Mark L. Walker

    Democratic • Senate

  • Mike Simmons

    Democratic • Senate

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. Added as Chief Co-Sponsor Sen. Graciela Guzmán

    5/12/2026Senate
  4. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  5. Added as Co-Sponsor Sen. Emil Jones, III

    4/17/2026Senate
  6. Added as Co-Sponsor Sen. Dave Syverson

    4/17/2026Senate
  7. Added as Co-Sponsor Sen. Mike Simmons

    4/16/2026Senate
  8. Added as Co-Sponsor Sen. David Koehler

    4/16/2026Senate
  9. Added as Co-Sponsor Sen. Karina Villa

    4/15/2026Senate
  10. Added as Co-Sponsor Sen. Mark L. Walker

    4/6/2026Senate
  11. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  12. Assigned to Revenue

    2/24/2026Senate
  13. Referred to Assignments

    2/5/2026Senate
  14. First Reading

    2/5/2026Senate
  15. Filed with Secretary by Sen. Mike Porfirio

    2/5/2026Senate

Bill Text

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