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SB 62

Illinois - Session 104

Senate in_committee 2026-02-10
Bill Details

Title: BUILD ILLINOIS HOMES ACT

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.

Sponsor
Robert Peters
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-01-13 Introduced Bill introduced
2026-02-10 Status in_committee
2026-02-10 Latest Action 2/10/2026 - Senate:
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