HB 4841 Illinois House · 104th Regular Session

INC TX-AFFORDABLE HOUSING

HB 4841 permanently extends a 50% tax credit for Illinois taxpayers who donate to affordable housing projects under the Illinois Housing Development Act. It directly affects donors - such as individuals, businesses, and investors - who contribute to qualifying housing developments. The bill removes the previous expiration date (December 31, 2026), making the credit permanent and effective immediately. Taxpayers can apply the credit against state income tax, carry forward excess credits for up to five years, and transfer the credit to eligible projects or other donors.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2026 Last action Apr 17, 2026

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 17, 2026

Committee

Rule 19(a) / Re-referred to Rules Committee

lower

Mar 26, 2026

Lower · Passed

Do Pass as Amended / Short Debate Revenue & Finance Committee; 020-000-000

lower

Mar 26, 2026

Lower · Passed

House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote

lower

Mar 26, 2026

Lower · Passed

Reported Back To Revenue & Finance Committee;

lower

Mar 26, 2026

Lower · Passed

Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000

lower

Mar 20, 2026

Lower · Passed

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

lower

Mar 19, 2026

Committee

House Committee Amendment No. 1 Referred to Rules Committee

lower

Mar 19, 2026

Introduced

House Committee Amendment No. 1 Filed with Clerk by Rep. Martha Deuter

lower

Feb 26, 2026

Lower · Passed

To Tax Policy: Other Taxes Subcommittee

lower

Feb 17, 2026

Committee

Assigned to Revenue & Finance Committee

lower

Feb 6, 2026

Committee

Referred to Rules Committee

lower

1 primary · 0 co-sponsors