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<xml>
<title>Illinois General Assembly - Bill Status for SB 2440         </title>
<shortdesc>BUILD ILLINOIS HOMES CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Mattie Hunter, Linda Holmes-Jacqueline Y. Collins and Kimberly A. Lightford</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</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><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 allocate tax credits to the owners of qualified developments. Provides that the term "qualified development" means a qualified low-income housing project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Mattie Hunter</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/2/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Linda Holmes</action>
<statusdate>3/23/2021</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/25/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>3/26/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Kimberly A. Lightford</action>
<statusdate>4/8/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter</action>
<statusdate>4/8/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>4/13/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>4/16/2021</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>4/16/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

