INC TX-LOW-INCOME HOUSING House SponsorsRep. Aaron M. Ortiz 1/13/2021HouseSession Sine Die 35 ILCS 5/229 new Amends the Illinois Income Tax Act. Provides that each taxpayer who owns rental property in the State is entitled to an income tax credit if the taxpayer (i) rents the property to a low-income household during the taxable year and (ii) charges rent to that household that is not more than 50% of the fair market rental value for the property. Effective immediately. 2/15/2019HouseFiled with the Clerk by Rep. Aaron M. Ortiz 2/15/2019HouseFirst Reading 2/15/2019HouseReferred to Rules Committee 2/26/2019HouseAssigned to Revenue & Finance Committee 3/6/2019HouseTo Income Tax Subcommittee 3/29/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die