INC TX-HOME PURCHASE CREDIT House SponsorsRep. Darlene J. Senger-Sidney H. Mathias 1/11/2011HouseSession Sine Die 35 ILCS 5/219 new Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2010 and on or before December 30, 2012, provides that taxpayers are entitled to a credit in an amount equal to 1% of the purchase price of the taxpayer's principal place of residence, subject to certain conditions. Provides that the credit may not exceed $5,000. Effective immediately. 1/14/2010HouseFiled with the Clerk by Rep. Darlene J. Senger 1/15/2010HouseFirst Reading 1/15/2010HouseReferred to Rules Committee 2/9/2010HouseAssigned to Revenue & Finance Committee 2/16/2010HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias 3/15/2010HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die