republic-os/legislation/us/states/il/93rd/hb-3049.md

---
type: "Bill"
title: "INC TAX-HOUSING DEV CREDIT"
description: "Amends the Illinois Housing Development Act. Makes changes in the definitions of \"affordable housing project\" and \"sponsor\". Defines \"project\" to mean an affordable housing project, an employer-assisted affordable housing project, general operating support, or technical assistance. Defines \"tax credit\" as a tax credit allowed under Section 214 of the Illinois Income Tax Act. Provides that a sponsor must apply to an administrative housing agency for approval of a project (now, must apply to the agency that administers the program). Provides that the agency must reserve a specific amount of tax credits for each approved project (now, must reserve the credits for each approved affordable housing project for 24 months after it is approved and the sponsor must receive an eligible donation within that time in order to receive the credit). Provides that tax credits for general operating support can only be reserved as part of a reservation of tax credits for another type of project. Allows tax credits only where an administrative housing agency has reserved tax credits for the project. Limits tax credits for general operating support to 10% of the total tax credit reservation for the related project (now, limited to 10% of the total tax credit allocation for the project). Allows an administrative housing agency to reserve tax credits for any approved projects if the agency is unable to reserve the tax credits set-aside for employer-assisted housing projects and general operating support. Amends the Illinois Income Tax Act. Provides that persons or entities not subject to the tax and who make a donation under the Illinois Housing Development Act are entitled to receive and to transfer a tax credit for affordable housing donations. Makes other changes. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "93rd"
identifier: "HB 3049"
citation: "Illinois HB 3049 (93rd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 30
vote_count: 2
first_action: "2003-02-26"
last_action: "2003-07-24"
source: "openstates"
source_identifier: "ocd-bill/4b3170c4-d0a1-434b-ad41-afa68a61bf64"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3049&GAID=3&DocTypeID=HB&LegId=5621&SessionID=3&GA=93"
source_hash: "065d59af5eb19b9c4212edc01e17e88d22b3d9b84966f0782fe9a430a821b458"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 3049 (93rd) — INC TAX-HOUSING DEV CREDIT

Amends the Illinois Housing Development Act. Makes changes in the definitions of "affordable housing project" and "sponsor". Defines "project" to mean an affordable housing project, an employer-assisted affordable housing project, general operating support, or technical assistance. Defines "tax credit" as a tax credit allowed under Section 214 of the Illinois Income Tax Act. Provides that a sponsor must apply to an administrative housing agency for approval of a project (now, must apply to the agency that administers the program). Provides that the agency must reserve a specific amount of tax credits for each approved project (now, must reserve the credits for each approved affordable housing project for 24 months after it is approved and the sponsor must receive an eligible donation within that time in order to receive the credit). Provides that tax credits for general operating support can only be reserved as part of a reservation of tax credits for another type of project. Allows tax credits only where an administrative housing agency has reserved tax credits for the project. Limits tax credits for general operating support to 10% of the total tax credit reservation for the related project (now, limited to 10% of the total tax credit allocation for the project). Allows an administrative housing agency to reserve tax credits for any approved projects if the agency is unable to reserve the tax credits set-aside for employer-assisted housing projects and general operating support. Amends the Illinois Income Tax Act. Provides that persons or entities not subject to the tax and who make a donation under the Illinois Housing Development Act are entitled to receive and to transfer a tax credit for affordable housing donations. Makes other changes. Effective immediately.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB3049&GA=93&SessionId=3&DocTypeId=HB&LegID=5621&DocNum=3049&GAID=3&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB3049eng&GA=93&SessionId=3&DocTypeId=HB&LegID=5621&DocNum=3049&GAID=3&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB3049enr&GA=93&SessionId=3&DocTypeId=HB&LegID=5621&DocNum=3049&GAID=3&Session=&print=true)

## Votes

- Third Reading — **105–3** (pass) · lower
- Third Reading — **58–0** (pass) · upper

## Sponsors

- Barbara Flynn Currie — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2003-02-26** Filed with the Clerk by Rep. Barbara Flynn Currie `filing`
- **2003-02-26** First Reading `reading-1`
- **2003-02-26** Referred to Rules Committee `referral-committee`
- **2003-02-27** Assigned to Executive Committee `referral-committee`
- **2003-03-05** Re-assigned to Revenue Committee `referral-committee`
- **2003-03-13** Do Pass / Short Debate Revenue Committee; 009-000-000 `committee-passage`
- **2003-03-13** Placed on Calendar 2nd Reading - Short Debate
- **2003-03-17** Fiscal Note Filed
- **2003-03-18** Fiscal Note Filed
- **2003-03-20** Second Reading - Short Debate `reading-2`
- **2003-03-20** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2003-03-21** Placed on Calendar Order of 3rd Reading - Short Debate
- **2003-03-21** Third Reading - Short Debate - Passed 105-003-009 `reading-3, passage`
- **2003-03-25** Arrive in Senate `introduction`
- **2003-03-25** Placed on Calendar Order of First Reading March 26, 2003 `reading-1`
- **2003-03-26** Chief Senate Sponsor Sen. Jacqueline Y. Collins
- **2003-03-27** First Reading `reading-1`
- **2003-03-27** Referred to Rules `referral-committee`
- **2003-04-03** Assigned to Revenue `referral-committee`
- **2003-04-16** Postponed - Revenue
- **2003-05-01** Do Pass Revenue; 009-000-000 `committee-passage`
- **2003-05-01** Placed on Calendar Order of 2nd Reading May 6, 2003
- **2003-05-06** Second Reading `reading-2`
- **2003-05-06** Placed on Calendar Order of 3rd Reading May 7, 2003
- **2003-05-13** Third Reading - Passed; 058-000-000 `reading-3, passage`
- **2003-05-13** Passed Both Houses
- **2003-06-11** Sent to the Governor `executive-receipt`
- **2003-07-24** Governor Approved `executive-signature`
- **2003-07-24** Effective Date July 24, 2003
- **2003-07-24** Public Act . . . . . . . . . 93-0369 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4b3170c4-d0a1-434b-ad41-afa68a61bf64`. Confidence: reported (aggregated from official Illinois legislature records).