REVENUE-SCHOOL BUILDINGS House SponsorsRep. Jehan Gordon-Booth 1/10/2023HouseSession Sine Die New Act35 ILCS 5/232 new30 ILCS 105/5.935 new Creates the School Building Rehabilitation Tax Credit Act. Creates an income tax credit equal to 25% of the qualified expenditures incurred by a qualified taxpayer undertaking a qualified rehabilitation plan of a vacant school building. Provides that, to be eligible for the credit, the taxpayer must apply with the Department of Commerce and Economic Opportunity. Provides that the credit is subject to certain limitations. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately. 2/19/2021HouseFiled with the Clerk by Rep. Jehan Gordon-Booth 2/19/2021HouseFirst Reading 2/19/2021HouseReferred to Rules Committee 3/16/2021HouseAssigned to Revenue & Finance Committee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 2/9/2022HouseAssigned to Revenue & Finance Committee 2/15/2022HouseTo Income Tax Subcommittee 2/18/2022HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die