SB3918 - 104th General Assembly (2025-2026)

REVENUE-HOMEBUILDER CREDIT
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Darby A. Hills
Statutes Amended In Order of Appearance
20 ILCS 3805/33.1 new  
35 ILCS 5/246 new  
35 ILCS 105/3-5  
35 ILCS 110/3-5  
35 ILCS 115/3-5  
35 ILCS 120/2-5  
Synopsis As Introduced
Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall issue to home builders who build single-family homes in the State (i) certificates of exemption from the Retailers' Occupation Tax Act, the Use Tax Act, the Service Use Tax Act, and the Service Occupation Tax Act and (ii) credit certifications against the taxes imposed under the Illinois Income Tax Act.
Actions
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Darby A. Hills
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments