| IL | SB2921 | 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] | 2024-05-23
To Senate Assignments Committee |
| 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] | 2024-05-23
To House Rules Committee |
| IL | SB3155 | Enroll
75% | 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] | 2024-05-23
Passed Both Houses |
| IL | SB3476 | Enroll
75% | 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] | 2024-05-23
Added Alternate Co-Sponsor Rep. Kam Buckner |
| IL | SB3426 | Enroll
75% | 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] | 2024-05-23
Passed Both Houses |
| IL | SB3567 | Enroll
75% | 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] | 2024-05-23
Passed Both Houses |
| IL | HB5854 | Intro
25% | Creates the Safe Gun Storage Act. Provides that a firearm owner shall not store or keep any firearm in any premises where the firearm owner knows or reasonably should know a minor, an at-risk person, or a prohibited person is likely to gain access to...
[Detail][Text][Discuss] | 2024-05-23
To House Rules 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] | 2024-05-22
To House Rules Committee |
| 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] | 2024-05-22
To House Rules Committee |
| IL | SB3936 | 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] | 2024-05-22
To Senate Assignments Committee |
| IL | HB4857 | Intro
25% | Creates the Distressed Farmers Act. Provides that the Department of Agriculture shall fund and administer programs to address the needs of distressed farmers. Provides for a tax credit for distressed farmers. Amends The Illinois Income Tax Act. Provi...
[Detail][Text][Discuss] | 2024-05-21
To House Rules Committee |
| IL | HB5852 | Intro
25% | Amends the Motor Fuel Tax Law. Provides that, beginning on the effective date of the amendatory Act and continuing through June 30, 2026, the rate of tax shall be $0.454 per gallon, plus an additional $0.025 per gallon for diesel fuel, liquefied natu...
[Detail][Text][Discuss] | 2024-05-21
To House Rules Committee |
| IL | SB3956 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that subject to appropriation, the Department of Commerce and Economic Opportunity shall administer a program to award use and occup...
[Detail][Text][Discuss] | 2024-05-21
To Senate Assignments Committee |
| IL | SB3475 | Enroll
75% | Amends the Hotel Operators' Occupation Tax Act. Makes changes concerning the distribution of proceeds under the Act. Effective immediately.
[Detail][Text][Discuss] | 2024-05-20
Passed Both Houses |
| IL | SB3452 | Enroll
75% | 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] | 2024-05-20
Passed Both Houses |
| 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] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3209 | Enroll
75% | 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] | 2024-05-17
Passed Both Houses |
| IL | SB3275 | Enroll
75% | 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] | 2024-05-17
Passed Both Houses |
| IL | SB3474 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall award income tax credits in an amount equal to 13% of the qualifying ...
[Detail][Text][Discuss] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3738 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the credit for ex-felons is renamed the credit for returning citizens. Provides that, for taxable years beginning on or after January 1, 2025, if the qualified returning citizen is employed by the tax...
[Detail][Text][Discuss] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3699 | Intro
25% | Amends the State Finance Act. In provisions concerning the State Aviation Program Fund, provides that grant moneys in excess of $30,000,000 shall be distributed by the Department of Transportation to airports for capital development purposes for proj...
[Detail][Text][Discuss] | 2024-05-17
To Senate Assignments Committee |
| IL | HB1074 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2024, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted ea...
[Detail][Text][Discuss] | 2024-05-16
To House Rules Committee |
| IL | HB1274 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and co...
[Detail][Text][Discuss] | 2024-05-16
To House Rules 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 | SB2936 | Enroll
75% | 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] | 2024-05-16
Passed Both Houses |
| 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 | HB5412 | Enroll
75% | 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] | 2024-05-16
Passed Both Houses |
| 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 | 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 | 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 | 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 | 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 | 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 | HB4909 | 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] | 2024-05-06
To House Rules Committee |
| IL | SB0316 | Intro
25% | Amends the Property Tax Code. Provides that railroad property shall be assessed based on the location of the property (rather than as a unit).
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2075 | Intro
25% | Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2108 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, in the case of a veteran with any service connected disability, the property is exempt from taxation under this Code. Removes a requirement that taxpayers receiving t...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2317 | Intro
25% | Amends the Property Tax Code. Provides that property that has been granted the homestead exemption for veterans with disabilities is 100% exempt from taxation under the Code if the veteran has a service connected disability of 60% or more (currently,...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2201 | Intro
25% | Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that the taxes also apply to leases of tangible personal property, other than computer software, property that is subject to the Rental Purchase Agreement Occupation and Use Tax A...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2265 | Intro
25% | Amends the School Code. Provides that the State Board of Education shall establish a teacher recruitment and retention program, which shall encourage both new and experienced teachers to seek employment with qualifying public schools by providing for...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2553 | Intro
25% | Amends the Hotel Operators' Occupation Tax Act. Creates an exemption for gross rental receipts received by a hotel operator when renting, leasing, or letting rooms to an entity that (i) is organized and operated exclusively for charitable, religious,...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2624 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for certain qualified individual taxpayers who rent a dwelling in Illinois for use as their principal place of residence. Provides that the credit shall be equal to 5% of the documented...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2708 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2024, the additional standard exemption for taxpayers who have attained the age of 65 before the end of the taxable year and their spouses is $2,000...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2700 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that the exemption applies to all real property that is the primary residence of a veteran with a disability (currently, property ...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
