REVENUE-AFFORDABLE HOUSING Senate SponsorsSen. Mike Porfirio and Mark L. Walker 2/24/2026SenateAssigned to Revenue 20 ILCS 3805/7.2835 ILCS 5/214Amends the Illinois Housing Development Act and the Illinois Income Tax Act. Provides that the amount of credits awarded under the affordable housing tax donation program is limited to $41,831,227 in State fiscal year 2027 and shall increase by 10% each fiscal year thereafter (currently, $32,850,352 in State fiscal years 2022 and 2023 increased by 5% each fiscal year thereafter). Provides that the affordable housing donation income tax credit applies through the taxable year ending on December 31, 2036 (currently, December 31, 2026). Effective immediately. 2/5/2026SenateFiled with Secretary by Sen. Mike Porfirio 2/5/2026SenateFirst Reading 2/5/2026SenateReferred to Assignments 2/24/2026SenateAssigned to Revenue 3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026 4/6/2026SenateAdded as Co-Sponsor Sen. Mark L. Walker