| IL | HB1287 | Intro
25% | Amends the Property Tax Code. Provides that, in counties in which the county board so provides, by ordinance or resolution, owners of income-producing properties in the county shall file physical descriptions of their properties with the chief county...
[Detail][Text][Discuss] | 2024-05-16
[Hearing: May 16 @ 10:00 am]
[Hearing: May 16 @ 10:01 am]
To House Revenue & Finance Committee |
| IL | HB2336 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that certain food, drugs, and medical appliances that were taxed at the rate of 1% shall be exempt from the taxes under t...
[Detail][Text][Discuss] | 2024-05-16
To House Rules Committee |
| IL | SB2703 | Engross
50% | Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax ...
[Detail][Text][Discuss] | 2024-05-16
Held on Calendar Order of Second Reading - Short Debate |
| IL | HB4600 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Makes certain changes concerning estates that contain qualified farm property. Provides that, for the purposes of calculating the State Death Tax Credit, those estates are subject t...
[Detail][Text][Discuss] | 2024-05-16
To House Rules Committee |
| IL | SB3233 | Intro
25% | Creates the Build Illinois Homes Tax Credit Act. Provides that owners of qualified low-income housing developments are eligible for credits against the taxes imposed by the Illinois Income Tax Act or taxes, penalties, fees, charges, and payments impo...
[Detail][Text][Discuss] | 2024-05-16
To Senate Assignments Committee |
| IL | SB3282 | Engross
50% | Amends the Retailers' Occupation Tax Act. Requires each holder of a Direct Pay Permit to review its purchase activity by January 31 and July 31 of each year to verify that the purchases made in the preceding 6-month period were sourced correctly and ...
[Detail][Text][Discuss] | 2024-05-16
[Hearing: May 16 @ 10:00 am]
House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 019-000-000 |
| IL | HB5545 | Intro
25% | Amends the Property Tax Code. Provides that certain property may be certified by the Department of Commerce and Economic Opportunity as containing a megaproject. Provides that a "megaproject" is a project that meets certain investment and job creatio...
[Detail][Text][Discuss] | 2024-05-16
To House Property Tax Committee |
| IL | SB3592 | Engross
50% | Creates the Strengthening Community Media Act. Provides that a local news organization shall not be sold to a company without giving written notice 120 days before the sales occurs to specified individuals and organizations. Amends the Higher Educati...
[Detail][Text][Discuss] | 2024-05-16
[Hearing: May 16 @ 10:00 am]
[Hearing: May 20 @ 3:00 pm]
Held on Calendar Order of Second Reading - Short Debate |
| IL | HB0612 | Engross
50% | Amends the Property Tax Code. In a Section granting a homestead exemption to veterans with disabilities, provides that property that is used as a qualified residence by a veteran who was a member of the United States Armed Forces during World War II ...
[Detail][Text][Discuss] | 2024-05-15
To Senate Revenue Committee |
| IL | HB2232 | Enroll
75% | Amends the Property Tax Code. Provides that a claim for a refund resulting from a final order of the Property Tax Appeal Board shall not be allowed unless the claim is filed within 20 years from the date the right to a refund arose; provided, however...
[Detail][Text][Discuss] | 2024-05-15
Passed Both Houses |
| IL | SB2030 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2023, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is (i) $75,000 for qualified property in a county with 3,000,000 or more inhabi...
[Detail][Text][Discuss] | 2024-05-15
To Senate Assignments Committee |
| IL | HB4125 | Enroll
75% | Amends the Property Tax Code. Provides that the statute of limitations for the execution of a certificate of error does not apply to a certificate of error correcting an assessment to $1 when the property is used as a common area by a subdivision, as...
[Detail][Text][Discuss] | 2024-05-15
Passed Both Houses |
| IL | SB2859 | Enroll
75% | Amends the Property Tax Code. Provides that regional wastewater facilities shall be valued at 33 1/3% of the fair cash value of the facility, with consideration given to the probable net value that could be realized by the owner if the facility were ...
[Detail][Text][Discuss] | 2024-05-15
Added Alternate Co-Sponsor Rep. Dave Severin |
| IL | SB2878 | Engross
50% | Amends the Property Tax Code. In provisions concerning the senior citizens homestead exemption, permanently removes the requirement to reapply for the exemption in counties with 3,000,000 or more inhabitants (currently, that requirement was eliminate...
[Detail][Text][Discuss] | 2024-05-15
Placed on Calendar 2nd Reading - Short Debate |
| IL | HB4636 | Engross
50% | Reinserts the provisions of the introduced bill, but makes various technical changes to provisions of the introduced bill concerning the valuation of pollution control facilities. Effective immediately.
[Detail][Text][Discuss] | 2024-05-15
Added as Alternate Co-Sponsor Sen. Erica Harriss |
| IL | SB3209 | Engross
50% | Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes. E...
[Detail][Text][Discuss] | 2024-05-15
Added Alternate Chief Co-Sponsor Rep. Kam Buckner |
| IL | SB3155 | Engross
50% | Amends the Illinois Income Tax Act. In provisions requiring a claimant or claimants to repay certain amounts received under the angel investment tax credit if a qualified new business venture fails to maintain its minimum employment threshold, provid...
[Detail][Text][Discuss] | 2024-05-15
Placed on Calendar 2nd Reading - Short Debate |
| IL | HB4844 | Enroll
75% | Creates the First 2024 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss] | 2024-05-15
Passed Both Houses |
| IL | SB3476 | Engross
50% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that home-delivered meals provided to Medicare or Medicaid recipients when payment is made by an intermediary pursuant to...
[Detail][Text][Discuss] | 2024-05-15
Placed on Calendar 2nd Reading - Short Debate |
| IL | SB3695 | Intro
25% | Creates the Compassionate Use and Research of Entheogens Act. Establishes the Illinois Psilocybin Advisory Board within the Department of Financial and Professional Regulation for the purpose of advising and making recommendations to the Department r...
[Detail][Text][Discuss] | 2024-05-15
To Senate Executive Committee |
| IL | HB1377 | Engross
50% | Amends the Property Tax Code. Creates a homestead exemption for eligible property that contains a single family residence that was built no earlier than January 1, 2021 by a municipality and was sold to a private homeowner before January 1, 2035. Pro...
[Detail][Text][Discuss] | 2024-05-14
Placed on Calendar Order of 3rd Reading |
| IL | SB0809 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-05-14
Chief Sponsor Changed to Sen. Robert F. Martwick |
| IL | SB2936 | Engross
50% | Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwe...
[Detail][Text][Discuss] | 2024-05-14
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | HB5425 | Intro
25% | Amends the Property Tax Code. Creates a senior citizens homestead school levy exemption for property that is improved with a permanent structure that is occupied as a primary residence by an applicant who (i) is 65 years of age or older during the ta...
[Detail][Text][Discuss] | 2024-05-14
To House Rules Committee |
| IL | HB5844 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, on and after January 1, 2025, the vendor discount under those Acts is 2.5%, not to exceed $500 per month in the agg...
[Detail][Text][Discuss] | 2024-05-14
To House Rules Committee |
| IL | HB5829 | Intro
25% | Creates the Metropolitan Mobility Authority Act, and establishes the Metropolitan Mobility Authority. Provides that the Chicago Transit Authority, the Commuter Rail Division and the Suburban Bus Division of the Regional Transportation Authority, and ...
[Detail][Text][Discuss] | 2024-05-14
To House Rules Committee |
| IL | SB3953 | Intro
25% | Creates the Local Journalism Sustainability Act. Creates a credit against an employer's withholding tax liability if the employer is a local news organization. Provides that the amount of the credit is equal to 50% of the amount of wages paid by the ...
[Detail][Text][Discuss] | 2024-05-14
To Senate Assignments Committee |
| IL | HB5612 | Intro
25% | Amends the Film Production Services Tax Credit Act of 2008. Provides that certain amounts shall be deposited into the Illinois Production Workforce Development Fund beginning on July 1, 2023 (currently, July 1, 2022). Provides that the amount deposit...
[Detail][Text][Discuss] | 2024-05-13
To House Revenue & Finance Committee |
| IL | SB0807 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-05-10
Rule 2-10 Third Reading Deadline Established As May 17, 2024 |
| IL | SB0808 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-05-10
Rule 2-10 Third Reading Deadline Established As May 17, 2024 |
| IL | SB1156 | Intro
25% | Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-05-10
Rule 2-10 Third Reading Deadline Established As May 17, 2024 |
| IL | HB4284 | Engross
50% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for the purpose of calculating the limiting rate for levy year 2023, the last preceding aggregate extension base for Homewood School District No. 153 in Cook Co...
[Detail][Text][Discuss] | 2024-05-10
To Senate Executive Committee |
| IL | HB0001 | Intro
25% | Creates the Compassionate Use and Research of Entheogens Act. Establishes the Illinois Psilocybin Advisory Board within the Department of Public Health for the purpose of advising and making recommendations to the Department regarding the provision o...
[Detail][Text][Discuss] | 2024-05-09
To House Rules Committee |
| IL | SB0172 | Intro
25% | Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt fo...
[Detail][Text][Discuss] | 2024-05-09
To Senate Assignments Committee |
| IL | SB0317 | Engross
50% | Amends the Property Tax Code. Provides that provisions concerning delinquencies by lessees of property that is owned by a taxing district apply to property that is owned by a governmental entity that is a unit of federal, State, or local government, ...
[Detail][Text][Discuss] | 2024-05-09
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | HB4736 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for an amount equal to the amount included in the taxpayer's federal adjusted gross income that is attributable to student loan repayment assistance received by the taxpayer during the taxable y...
[Detail][Text][Discuss] | 2024-05-09
To House Rules Committee |
| IL | SB3273 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for an amount equal to the amount included in the taxpayer's federal adjusted gross income that is attributable to student loan repayment assistance received by the taxpayer during the taxable y...
[Detail][Text][Discuss] | 2024-05-09
To Senate Assignments Committee |
| IL | SB3452 | Engross
50% | Amends the Cigarette Tax Act, the Cigarette Use Tax Act, the Tobacco Products Tax Act of 1995, and the Cannabis Regulation and Tax Act. In provisions concerning administrative hearings regarding the seizure of certain contraband products, provides th...
[Detail][Text][Discuss] | 2024-05-09
Added Alternate Co-Sponsor Rep. Anthony DeLuca |
| IL | HB5640 | Engross
50% | Amends the Statute on Statutes. Provides that whenever there is a reference in any Act to "armed forces", "armed forces of the United States", "U.S. Armed Forces", "United States Armed Forces", or "uniformed services", these terms shall be construed ...
[Detail][Text][Discuss] | 2024-05-09
Placed on Calendar Order of 3rd Reading |
| IL | SB3567 | Engross
50% | Amends the Truth in Taxation Law in the Property Tax Code. In provisions concerning Truth in Taxation notices, provides that the notice shall be conspicuously posted (currently, posted) on the taxing district's homepage or on a page accessible throug...
[Detail][Text][Discuss] | 2024-05-09
Added Alternate Co-Sponsor Rep. Martin McLaughlin |
| IL | SB2648 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act, and the Vehicle Use Tax Article of the Illinois Vehicle Code. Provides that the taxes under those Acts do not apply to a motor vehicle...
[Detail][Text][Discuss] | 2024-05-08
To Senate Revenue Committee |
| IL | HB4430 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500...
[Detail][Text][Discuss] | 2024-05-08
To House Rules Committee |
| IL | HB4578 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the...
[Detail][Text][Discuss] | 2024-05-08
To House Rules Committee |
| IL | SB3362 | Engross
50% | Amends the Retailers' Occupation Tax Act. Provides that a retailer that makes retail sales of tangible personal property to Illinois customers from a location or locations outside of Illinois is engaged in the occupation of selling at retail in Illin...
[Detail][Text][Discuss] | 2024-05-08
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | SB3475 | Engross
50% | Amends the Hotel Operators' Occupation Tax Act. Makes changes concerning the distribution of proceeds under the Act. Effective immediately.
[Detail][Text][Discuss] | 2024-05-08
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | HB5412 | Engross
50% | Amends the Reimagining Energy and Vehicles in Illinois Act and the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Provides that failure to report certain data may result in ineligibility to receive incentives and may result in revocat...
[Detail][Text][Discuss] | 2024-05-08
Placed on Calendar Order of 3rd Reading May 8, 2024 |
| IL | HB5513 | Engross
50% | Amends the Governor's Office of Management and Budget Act. Creates the Annual Comprehensive Financial Report Internal Control Unit. Provides that the ACFR Internal Control Unit may develop policies, plans, and programs to be used by the Office for th...
[Detail][Text][Discuss] | 2024-05-08
Placed on Calendar Order of 3rd Reading May 8, 2024 |
| IL | SB3755 | Engross
50% | Amends the Property Tax Code. Provides that the notice of the transfer of property that is exempt for orphanage, school, or religious purposes shall be filed with the county clerk (currently, the county recorder). Effective immediately.
[Detail][Text][Discuss] | 2024-05-08
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | SB3275 | Engross
50% | Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that paper revenue stamps shall be phased out by December 31, 2025. Requires counties to issue electronic revenue stamps or alternative indicia thereafter. Effective immediate...
[Detail][Text][Discuss] | 2024-05-07
Placed on Calendar Order of 3rd Reading - Short Debate |
| IL | SB3426 | Engross
50% | Amends the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning the exemption for materials, parts, equipment, components, and furnishings incorporated into or upon an aircraft. Amends t...
[Detail][Text][Discuss] | 2024-05-07
Placed on Calendar Order of 3rd Reading - Short Debate |
