INC TX-PROP TX CREDIT
Summary
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.
Bill status
failed
1 of 4 stages cleared
Introduction
May 2015
Committee Review
Floor Vote
Governor
Introduced May 7, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Jan 10, 2017
Senate · Failed
Session Sine Die
May 7, 2015
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Dan Kotowski
DDemocratic
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