INC TX-HOUSING DEVELOPMENT Senate SponsorsSen. Michael W. Halpin and David Koehler 1/7/2025SenateSession Sine Die 35 ILCS 5/241 newAmends the Illinois Income Tax Act. Provides a tax credit for certain developers of single-family residences that incur development costs and that sell or rent qualified residences to individuals who meet certain income thresholds. Sets forth the amount of the credit. Effective immediately. 1/26/2024SenateFiled with Secretary by Sen. Michael W. Halpin 1/26/2024SenateFirst Reading 1/26/2024SenateReferred to Assignments 2/6/2024SenateAssigned to Revenue 3/15/2024SenateAdded as Co-Sponsor Sen. David Koehler 3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024 4/5/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024 5/3/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die