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<title>Illinois General Assembly - Bill Status for SB 3787         </title>
<shortdesc>REVENUE-BUILD ILLINOIS HOMES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Mattie Hunter-Christopher Belt-Jacqueline Y. Collins-Linda Holmes, Laura Fine, Napoleon Harris, III and Ann Gillespie</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>35 ILCS 5/232 new</reference><aliasreference></aliasreference><reference>215 ILCS 5/409</reference><aliasreference>from Ch. 73, par. 1021</aliasreference><reference>215 ILCS 5/444</reference><aliasreference>from Ch. 73, par. 1056</aliasreference><SynopsisText>Creates the Build Illinois Homes Tax Credit Act. Provides that the Illinois Housing Development Authority and the City of Chicago Department of Housing may award credits for certain qualified low-income housing projects. Provides that the credits may be taken against any or all of the following: (i) the taxes imposed by the Illinois Income Tax Act; or (ii) any retaliatory or privilege tax imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2020</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Mattie Hunter</action>
<statusdate>2/14/2020</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/14/2020</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/18/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Christopher Belt</action>
<statusdate>2/26/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>2/26/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Linda Holmes</action>
<statusdate>2/28/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura Fine</action>
<statusdate>3/4/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Napoleon Harris, III</action>
<statusdate>3/12/2020</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/17/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ann Gillespie</action>
<statusdate>3/18/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 2, 2020</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2020</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020</action>
<statusdate>4/12/2020</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>4/16/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 30, 2020</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 7, 2020</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020</action>
<statusdate>5/15/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

