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<xml>
<title>Illinois General Assembly - Bill Status for HB 4596         </title>
<shortdesc>BUILD ILLINOIS TAX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Delia C. Ramirez-Dagmara Avelar-Tom Demmer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</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 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.</SynopsisText></synopsis>
<actions>
<statusdate>1/18/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Delia C. Ramirez</action>
<statusdate>1/20/2022</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dagmara Avelar</action>
<statusdate>1/21/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/21/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/27/2022</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Tom Demmer</action>
<statusdate>2/9/2022</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/15/2022</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>2/18/2022</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>

