Amends the Illinois Income Tax Act. Provides that the tax credit for affordable housing donations applies permanently. Effective immediately.
House Committee Amendment No. 1: Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that the tax credit for affordable housing donations applies until the taxable year ending on December 31, 2036 (currently, December 31, 2026). Effective immediately.

Statutes affected:
Introduced: 35 ILCS 5/214