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Illinois Gov. Rod R. Blagojevich Signed into Law House Bill 603

Monday, June 20, 2005 - 8:00AM

Gov. Rod R. Blagojevich last week signed into law House Bill 603, immediately extending the Illinois Affordable Housing Tax Credit for five more years. The Illinois affordable housing credit provides a 50-cent state income tax credit for each $1 donated. H.B. 603, sponsored by Illinois Rep. Arthur L. Turner, D-Chicago, and Sen. William E. Peterson, R-Buffalo Grove, extends the sunset provision of the Illinois Affordable Housing Tax Credit from December 31, 2006 to December 31, 2011.

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