GA96HB586 96 HB 586 HISTORIC REHAB TAX CREDIT Creates the Historic Rehabilitation Tax Credit Act. Authorizes tax credits against Illinois income taxes and insurance company privilege taxes for 25% of the costs of rehabilitating eligible historic property. Allows excess credits to be carried back and forward. Allows credits to be transferred, sold, or assigned. Administered by the Department of Commerce and Economic Opportunity. Sets forth application and award procedures. Effective July 1, 2009. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=586&GAID=10&DocTypeID=HB&LegId=41007&SessionID=76&GA=96 2009-04-03 00:00:00 House Added Co-Sponsor Rep. Daniel V. Beiser 0 8 2009-03-25 00:00:00 House Added Chief Co-Sponsor Rep. Thomas Holbrook 0 7 2009-03-24 00:00:00 House Added Co-Sponsor Rep. Jehan A. Gordon 0 6 2009-03-13 00:00:00 House Rule 19(a) / Re-referred to Rules Committee 1 5 HRUL 2009-02-20 00:00:00 House Added Co-Sponsor Rep. Jay C. Hoffman 0 4 2009-02-06 00:00:00 House Referred to Rules Committee 0 2 HRUL 2009-02-11 00:00:00 House Assigned to Revenue & Finance Committee 0 3 HREF 2009-04-03 00:00:00 House Added Co-Sponsor Rep. Kay Hatcher 0 9 2009-02-06 00:00:00 House First Reading 1 1 2009-02-05 00:00:00 House Filed with the Clerk by Rep. Greg Harris 0 0 DanielVBeiser House Co-Sponsor JayCHoffman House Co-Sponsor JehanAGordon House Co-Sponsor ThomasHolbrook House Chief Co-Sponsor GregHarris House Chief Sponsor KayHatcher House Co-Sponsor