<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2637         </title>
<shortdesc>INC TX-PROP TX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Steven Reick, Charles Meier, Mark Luft and Chris Miller</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/208</reference><aliasreference>from Ch. 120, par. 2-208</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Steven Reick</action>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/9/2021</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/11/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Charles Meier</action>
<statusdate>3/11/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark Luft</action>
<statusdate>3/12/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Miller</action>
<statusdate>3/18/2021</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

