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SB 3918

Illinois - Session 104

Senate in_committee 2026-02-24
Bill Details

Title: REVENUE-HOMEBUILDER CREDIT

Summary

Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall issue to home builders who build single-family homes in the State (i) certificates of exemption from the Retailers' Occupation Tax Act, the Use Tax Act, the Service Use Tax Act, and the Service Occupation Tax Act and (ii) credit certifications against the taxes imposed under the Illinois Income Tax Act.

Sponsor
Darby A. Hills
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-02-24 Status in_committee
2026-02-24 Latest Action 2/24/2026 - Senate:
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