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<xml>
<title>Illinois General Assembly - Bill Status for SB 4163         </title>
<shortdesc>INC TX-PROPERTY TAX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chapin Rose, Neil Anderson, Dale Fowler, Donald P. DeWitte-Jil Tracy, Terri Bryant, Craig Wilcox, Darren Bailey, Sally J. Turner-Brian W. Stewart-Jason Plummer, Win Stoller, Sue Rezin, Dan McConchie, Jason A. Barickman, Steve McClure and Dave Syverson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</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. Increases the credit for for residential real property taxes from 5% to 10% of real property taxes paid by the taxpayer for tax years ending on or after December 31, 2022. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2022</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chapin Rose</action>
<statusdate>2/9/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Neil Anderson</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dale Fowler</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Donald P. DeWitte</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jil Tracy</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Terri Bryant</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Craig Wilcox</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Darren Bailey</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sally J. Turner</action>
<statusdate>2/14/2022</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Brian W. Stewart</action>
<statusdate>2/14/2022</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jason Plummer</action>
<statusdate>2/14/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Win Stoller</action>
<statusdate>2/15/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sue Rezin</action>
<statusdate>2/15/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dan McConchie</action>
<statusdate>3/1/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jason A. Barickman</action>
<statusdate>3/1/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Steve McClure</action>
<statusdate>3/1/2022</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dave Syverson</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

