| IL | HB3704 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, if a dependent of the taxpayer is included in the PUNS database maintained by the Department of Human Services during the taxable year, then the taxpayer is entitled to a refundable income tax credit...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4244 | Intro
25% | Amends the Property Tax Code. In provisions concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that the term "household" does not include an exempt family member who uses the residence as his or her principal pl...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4568 | Intro
25% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a levy authorized for contributions to a Firefighters' Pension Fund for a municipality with a population of 500,000 or less is not considered a new rate. Effecti...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4669 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax deduction for an amount of up to $50,000 per tax year contributed to a small business asset purchase account and all interest earned on such accounts during the tax year. Provides that a "smal...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4917 | Intro
25% | Amends the Illinois Income Tax Act. Creates a child tax credit in an amount equal to the product of a specified credit amount multiplied by the number of qualifying children of the taxpayer. Effective immediately.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4998 | Intro
25% | Amends the Illinois Income Tax Act. Removes a provision that sets forth the basic amount of the standard exemption for taxable years ending on or after December 31, 2023 and prior to December 31, 2024, and restores the cost-of-living adjustment for t...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB5306 | Intro
25% | Amends the Illinois Income Tax Act. Sets forth provisions concerning the computation of taxes related to minority and other specific priority population owned business in the State. Amends the Liquor Control Act of 1934. Sets forth provisions concern...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB5445 | Intro
25% | 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).
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB5542 | Intro
25% | 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.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1154 | Intro
25% | Amends the Property Tax Code. Provides that the surviving spouse of a veteran who has a service connected disability of 100% and is deemed to be permanently and totally disabled need not reapply for the homestead exemption for veterans with disabilit...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB2991 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that, if the veteran has a service connected disability of 10% or more but less than 30%, as certified by the United States Depart...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB3538 | Intro
25% | Amends the Property Tax Code. Provides that a veteran may submit an application for the homestead exemptions for veterans with disabilities to the chief county assessment officer with respect to a specific property before the veteran purchases the pr...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB4526 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $5,000 for a taxpayer who is a qualified community care physician. Effective immediately.
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB4716 | Intro
25% | Amends the Property Tax Code. Provides that, in all counties, any change in assessment resulting from reassessment in the general assessment year shall not exceed the lesser of the following: (1) 3% of the assessed value of the property for the prior...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB4987 | 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 food for human consumption that is to be consumed off the premises where it is sold is exempt from the taxes imposed...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB5759 | Intro
25% | Creates the Music and Musicians Tax Credit and Jobs Act. Provides that the Department of Commerce and Economic Opportunity may award credits to qualified music companies. Creates the Music Education Scholarship Act. Provides that the Board of Higher ...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB1109 | Engross
50% | 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] | 2024-04-15
To House Rules Committee |
| IL | SB1350 | Intro
25% | Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a mega project. Provides that a "mega project" is a project with respect to which a company makes a specified investment during a...
[Detail][Text][Discuss] | 2024-04-15
Chief Sponsor Changed to Sen. Don Harmon |
| IL | SB1321 | Intro
25% | Amends the Property Tax Code. Provides that owners of income-producing properties shall file physical descriptions of their properties with the chief county assessor in the form and format determined by the chief county assessor. Effective immediatel...
[Detail][Text][Discuss] | 2024-04-15
To Senate Assignments Committee |
| IL | SB1819 | Intro
25% | Amends the Property Tax Code. Provides that the assessor shall publish the assessed value of all property that qualifies for a hospital exemption under the Code in the taxable year as well as the estimated property tax liability for that property. Am...
[Detail][Text][Discuss] | 2024-04-15
To Senate Assignments Committee |
| IL | HB3439 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in tax year 2025, each chief county assessment officer shall establish a rolling 3-year assessment period for property. Effective immediately.
[Detail][Text][Discuss] | 2024-04-15
To House Rules Committee |
| IL | SB2955 | Intro
25% | Amends the Property Tax Code. Provides that the assessor shall publish the assessed value of all property that qualifies for a hospital exemption under the Code in the taxable year as well as the estimated property tax liability for that property. Pr...
[Detail][Text][Discuss] | 2024-04-15
To Senate Assignments Committee |
| IL | HB2492 | Engross
50% | Reinserts the contents of the introduced bill with the following changes. Removes the provisions amending the Property Tax Code. Removes the tax levy provision in the School Energy Conservation and Saving Measures Article of the School Code.
[Detail][Text][Discuss] | 2024-04-12
To Senate Assignments Committee |
| IL | HB4561 | Intro
25% | Amends the Property Tax Code. Makes changes concerning the amount required to be paid under protest for the 2024 or 2025 tax year. Effective immediately.
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB4657 | Intro
25% | Amends the Property Tax Code. Provides that provisions creating a housing opportunity abatement program apply through tax year 2034 (currently, 2024). Effective immediately.
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB5194 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for each qualified individual who serves as a volunteer first responder for at least 9 months during the taxable year and who incurs expenses for the purchase of eligible equipment that...
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB5350 | Intro
25% | Amends the Property Tax Code. Provides that the maximum income limitation under the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be adjusted each year by the annual cost of living increase, if any, in Social Security and Sup...
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB4688 | 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 food for human consumption that is to be consumed off the premises where it is sold is exempt from the taxes imposed...
[Detail][Text][Discuss] | 2024-04-09
To House Rules Committee |
| IL | SB3752 | Intro
25% | Amends the Motor Fuel Tax Law. Provides that the tax imposed on receivers of motor fuel applies until January 1, 2040 (currently, January 1, 2025). Amends the Environmental Impact Fee Law. Extends the repeal of the Environmental Impact Fee Law until ...
[Detail][Text][Discuss] | 2024-04-09
To Senate Assignments Committee |
| IL | HB1073 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross i...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1254 | Intro
25% | Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to i...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1288 | Intro
25% | Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year....
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1354 | Intro
25% | Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective imme...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1459 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1576 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount to $8,000,000 for persons dying on or after January 1, 2024 (currently, $4,000,000). Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2374 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for each advanced practice registered nurse licensed under the Nurse Practice Act who volunteers during the taxable year to serve as a preceptor for at least one student from an approve...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2382 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in taxable year 2024, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in th...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2435 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2023, there shall be allowed as an income tax credit for the taxable year with respect to each child of the taxpayer who is under the age of 17 and ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2466 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a taxpayer who employs a person with a developmental disability or a severe mental illness, as certified by the Department of Human Services, during the taxable year is entitled to an income tax credi...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2594 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2596 | Intro
25% | Amends the Property Tax Code. Creates an abatement for property located in a blighted area if the owner of the property enters into an agreement with the corporate authorities of the municipality in which the property is located for the renovation, d...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2583 | Intro
25% | Amends the Property Tax Code. Provides that the long-time occupant homestead exemption applies in all counties beginning with taxable year 2023. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2529 | Intro
25% | Amends the Property Tax Code. Increases the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption from $65,000 to $75,000.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2819 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department shall establish and implement a Veterans' Economic Center pilot program for the purposes of assisting veterans i...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2914 | Intro
25% | Amends the Property Tax Code. Provides that the tax bill shall include a statement of the percentage of the taxpayer's total tax bill that is attributable to a ballot initiative or referendum. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2992 | Intro
25% | Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall noti...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2905 | Intro
25% | Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the Department of Commerce and Economic Opportunity shall not issue a tax certificate to any taxpayer under this Act unless the taxpayer first submits a supplier dive...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3056 | Intro
25% | Amends the Property Tax Code. Provides that the assessed value of qualified affordable housing property shall be reduced by 30%. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3111 | 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 motor carriers that sell items of tangible personal property to purchasers for use or consumption in addition to ren...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3070 | Intro
25% | Amends the Property Tax Code. In provisions concerning the long-time occupant homestead exemption, provides that for tax year 2024 and thereafter, the exemption applies to qualified taxpayers with a household income of $85,000 or less and is based on...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
