<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2132         </title>
<shortdesc>INC TX-PROP TX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Dan Kotowski-Julie A. Morrison</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</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 amount of the tax credit for residential real property taxes from 5% to 10% of real property taxes paid by the taxpayer during the taxable year on the principal residence of the taxpayer. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>5/7/2015</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Dan Kotowski</action>
<statusdate>5/7/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>5/7/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>5/27/2015</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Julie A. Morrison</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

