REVENUE-AFFORDABLE HOUSING

What it does

The legislature's own summary of the bill, or its official long title.

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.

Every action

15 steps, oldest first, as the legislature records them.

1. Apr 16, 2026SenateAdded as Co-Sponsor Sen. David Koehler
2. Apr 16, 2026SenateAdded as Co-Sponsor Sen. Mike Simmons
3. Apr 17, 2026SenateAdded as Co-Sponsor Sen. Dave Syverson
4. Apr 17, 2026SenateAdded as Co-Sponsor Sen. Emil Jones, III
5. Apr 24, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
6. May 12, 2026SenateAdded as Chief Co-Sponsor Sen. Graciela Guzmán
7. May 15, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
8. May 22, 2026CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 7 cosponsors: 6 Democrats, 1 Republican.

• Mike PorfirioD Primary sponsor · District 11