2025-2026 Regular SessionIllinois Legislature

HB1147: BUILD ILLINOIS HOMES ACT

Legislative Summary

Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments imposed by the Illinois Insurance Code. Amends the Illinois Income Tax Act and the Illinois Insurance Code to make conforming changes. Effective immediately.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/5/2025
Prefiled with Clerk by Rep. Dagmara Avelar
House of Representatives
1/9/2025
First Reading
House of Representatives
1/9/2025
Referred to Rules Committee
House of Representatives
1/31/2025
Added Co-Sponsor Rep. Ryan Spain
House of Representatives
1/31/2025
Removed Co-Sponsor Rep. Ryan Spain
House of Representatives
2/6/2025
Added Chief Co-Sponsor Rep. Sharon Chung
House of Representatives
2/11/2025
Assigned to Revenue & Finance Committee
House of Representatives
2/18/2025
Added Co-Sponsor Rep. Nabeela Syed
House of Representatives
2/25/2025
To Tax Credit and Incentives Subcommittee
House of Representatives
3/7/2025
Added Co-Sponsor Rep. Matt Hanson
House of Representatives
3/13/2025
Added Chief Co-Sponsor Rep. Kam Buckner
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Joyce Mason
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Theresa Mah
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Michael Crawford
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Abdelnasser Rashid
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Maurice A. West, II
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Aarón M. Ortíz
House of Representatives
3/13/2025
Added Co-Sponsor Rep. Nicholas K. Smith
House of Representatives
3/13/2025
Added Chief Co-Sponsor Rep. Ryan Spain
House of Representatives
3/17/2025
Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
House of Representatives
3/21/2025
Rule 19(a) / Re-referred to Rules Committee
House of Representatives
3/25/2025
Added Co-Sponsor Rep. Hoan Huynh
House of Representatives
5/7/2025
Added Co-Sponsor Rep. Natalie A. Manley
House of Representatives
5/9/2025
Added Co-Sponsor Rep. Anna Moeller
House of Representatives
5/12/2025
Added Chief Co-Sponsor Rep. Justin Slaughter
House of Representatives
5/12/2025
Added Co-Sponsor Rep. Margaret Croke
House of Representatives
5/12/2025
Added Co-Sponsor Rep. Michelle Mussman
House of Representatives
5/12/2025
Added Co-Sponsor Rep. Maura Hirschauer
House of Representatives
5/12/2025
Added Co-Sponsor Rep. Nicolle Grasse
House of Representatives
5/12/2025
Added Co-Sponsor Rep. Lilian Jiménez
House of Representatives
5/16/2025
Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
House of Representatives
5/16/2025
Remove Chief Co-Sponsor Rep. Justin Slaughter
House of Representatives
5/16/2025
Added Chief Co-Sponsor Rep. Curtis J. Tarver, II
House of Representatives
5/16/2025
Added Co-Sponsor Rep. Justin Slaughter
House of Representatives
5/28/2025
Added Co-Sponsor Rep. Kevin John Olickal
House of Representatives