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<xml>
<title>Illinois General Assembly - Bill Status for HB 135    </title>
<shortdesc>INC TX-PROPERTY TAX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William Delgado</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/208</reference><aliasreference>from Ch. 120, par. 2-208</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that the tax credit for residential real property taxes may not exceed $300 per taxable year.</SynopsisText><synopsistitle>Fiscal Note (Department of Revenue)</synopsistitle>
<SynopsisText>House Bill 135 would cap the tax credit for residential real property taxes of approximately 255,578 taxpayers and have a positive fiscal impact on State revenues of $40,993,955.</SynopsisText></synopsis>
<actions>
<statusdate>1/10/2005</statusdate><chamber>House</chamber><action>Prefiled with Clerk by Rep. William Delgado</action>
<statusdate>1/12/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/12/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2005</statusdate><chamber>House</chamber><action>Fiscal Note Requested by Rep. William Delgado</action>
<statusdate>1/26/2005</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/23/2005</statusdate><chamber>House</chamber><action>Fiscal Note Filed</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>Recommends Be Adopted Sub-committee/ Revenue Committee;  002-001-000</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>Remains in Revenue Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

