Illinois Code | Chapter 35

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ILSB0140Intro
25%
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.
[Detail][Text][Discuss]
2024-01-26
To Senate Assignments Committee
ILSB1153Intro
25%
Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]
2024-01-26
To Senate Assignments Committee
ILHB3195Intro
25%
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date.
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2024-01-23
To House Rules Committee
ILHB3684Intro
25%
Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Increases the exclusion amount from $4,000,000 to $6,000,000 for persons dying on or after January 1, 2024. Effective immediately.
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2024-01-23
To House Rules Committee
ILHB3950Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for dependents of the taxpayer. Provides that the maximum amount of the credit is $700 per qualified dependent of the taxpayer. Provides that the maximum amount shall be reduced by $24 ...
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2024-01-19
To House Rules Committee
ILSB2785Intro
25%
Amends the Property Tax Code. In provisions concerning notices of increased assessments, provides that the county assessor shall continue to accept appeals from the taxpayer for a period of not less than 30 days (currently, 30 business days) from the...
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2024-01-17
To Senate Assignments Committee
ILSB2780Intro
25%
Amends the Property Tax Code. Makes changes in provisions concerning supervisors of assessments to include references to county executives. Amends the Community Mental Health Act. Makes changes in provisions concerning community mental health boards ...
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2024-01-17
To Senate Assignments Committee
ILHB4485Intro
25%
Amends the Small Business Job Creation Tax Credit Act. Renews the program for incentive periods beginning on or after July 1, 2018 and ending on or before June 30, 2025. Removes language concerning the Put Illinois to Work Program for the second seri...
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2024-01-17
To House Rules Committee
ILSB2814Intro
25%
Amends the Property Tax Code. In counties with fewer than 3,000,000 inhabitants, provides that property that receives an erroneous homestead exemption for the current assessment year or for any of the 3 prior assessment years may be considered omitte...
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2024-01-17
To Senate Assignments Committee
ILHB4299Intro
25%
Amends the Invest in Kids Act. Provides that the credit under the Act is available for tax years ending before January 1, 2029 (currently, January 1, 2024). Effective immediately.
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2024-01-16
To House Rules Committee
ILHB4341Intro
25%
Amends the State Treasurer Act. Provides that the State Treasurer shall establish and administer the Invest in Illinois Higher Education Program for the purposes of expanding access to higher education through scholarships awarded from the Invest in ...
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2024-01-16
To House Rules Committee
ILHB4383Intro
25%
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning a tax credit for property taxes.
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2024-01-16
To House Rules Committee
ILHB4384Intro
25%
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning a tax credit for property taxes.
[Detail][Text][Discuss]
2024-01-16
To House Rules Committee
ILHB4382Intro
25%
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning a tax credit for property taxes.
[Detail][Text][Discuss]
2024-01-16
To House Rules Committee
ILSB0096Intro
25%
Amends the Property Tax Code. In provisions concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable years 2024 and thereafter, the maximum income limitation is $85,000 (currently, $65,000). Effective immediate...
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2024-01-10
To Senate Assignments Committee
ILSB0805Engross
50%
Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenu...
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2023-12-10
To Senate Assignments Committee
ILSB1988PassAmends the Property Tax Code. Provides that, when a revision is made by the county assessor and that revision is not made on complaint of the property owner, the county assessor shall continue to accept appeals from the taxpayer for a period of not l...
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2023-12-08
Public Act . . . . . . . . . 103-0583
ILSB2287Engross
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 ...
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2023-12-08
To House Rules Committee
ILSB0171Intro
25%
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that diapers, baby wipes, and infant formula are exempt from the taxes imposed under the Acts.
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2023-12-07
To Senate Assignments Committee
ILHB3003Intro
25%
Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year...
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2023-11-21
To House Rules Committee
ILHB3205Intro
25%
Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that ...
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2023-11-21
To House Rules Committee
ILHB1250Intro
25%
Amends the Illinois Income Tax Act. Creates an energy price relief income tax credit. Sets forth the amount of the credit, which shall be a percentage of the total amount paid by the taxpayer during the taxable year for energy supplied to a property ...
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2023-11-08
To House Rules Committee
ILHB2507VetoAmends 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 ...
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2023-11-08
Bill Dead - No Positive Action Taken - Amendatory Veto
ILHB4225Intro
25%
Amends the Property Tax Code. Provides that, beginning in taxable year 2024, no taxing district, other than a home rule unit, may levy a tax on any parcel of real property that is more than 108% of the tax levied by that taxing district on that prope...
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2023-11-08
To House Rules Committee
ILHB4202Intro
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 $85,000. Effective immediately.
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2023-11-01
To House Rules Committee
ILHB4161Intro
25%
Amends the Industrial Hemp Act. Changes the short title of the Act to the Hemp Act. Permits the wholesale and retail sale of cannabinoids, hemp concentrate, or any other intermediate hemp cannabinoid products. Provides that no person shall offer or s...
[Detail][Text][Discuss]
2023-10-26
To House Rules Committee
ILHB4194Intro
25%
Amends the Invest in Kids Act. Provides that a taxpayer may take a credit under the Act for tax years ending before January 1, 2029 (currently January 1, 2024). Provides that, beginning in calendar year 2024, the aggregate amount of credits the Depar...
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2023-10-25
To House Rules Committee
ILHB4105Intro
25%
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2023). Effective immediately.
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2023-10-18
To House Rules Committee
ILHB4157Intro
25%
Amends the Illinois Income Tax Act. Provides that, when calculating the taxpayer's base income, the taxpayer's federal adjusted gross income shall be modified to exclude the portion of the income or loss received from a trade or business conducted wi...
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2023-10-18
To House Rules Committee
ILSB2612Intro
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...
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2023-10-18
To Senate Assignments Committee
ILSB2149Intro
25%
Amends the Invest in Kids Act. Provides that the Invest in Kids credit applies on a permanent basis. Removes a limitation that the credit may not be taken for any qualified contribution for which the taxpayer claims a federal income tax deduction. Am...
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2023-10-16
To Senate Assignments Committee
ILSB2199Intro
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]
2023-10-10
To Senate Assignments Committee
ILHB1257Intro
25%
Amends the Invest in Kids Act. Provides that, for taxable years beginning on or after January 1, 2023, the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year, no...
[Detail][Text][Discuss]
2023-10-04
To House Rules Committee
ILHB2051Intro
25%
Creates the Hydrogen Fuel Replacement Tax Credit Act. Creates an income tax credit for eligible taxpayers in an amount equal to $1 per kilogram of eligible zero-carbon hydrogen used by the eligible taxpayer during the tax year for which a credit is s...
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2023-10-04
To House Rules Committee
ILHB3537Intro
25%
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies for taxable years ending before January 1, 2034 (currently, January 1, 2024). Effective immediately.
[Detail][Text][Discuss]
2023-10-04
To House Rules Committee
ILSB1675PassAmends the Property Tax Code. Makes changes concerning interest penalties due on delinquent amounts in counties with 3,000,000 or more inhabitants beginning in tax year 2023. Specifies that counties shall be the designated holders of all tax liens an...
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2023-08-11
Public Act . . . . . . . . . 103-0555
ILSB0074PassReinserts the provisions of the engrossed bill with changes. In provisions creating the Property Tax Payment Plan Task Force, adds one member appointed by the Minority Leader of the Senate and one member appointed by the Minority Leader of the House ...
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2023-07-28
Public Act . . . . . . . . . 103-0369
ILSB1705PassAmends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Creates an exemption for property that is sold to an active duty member of the armed forces of the United States who presents vali...
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2023-07-28
Public Act . . . . . . . . . 103-0384
ILSB2047PassAmends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive sh...
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2023-07-28
Public Act . . . . . . . . . 103-0396
ILHB2539PassAmends the Property Tax Code and the Counties Code. In provisions concerning stipends and additional compensation for certain officials, provides that the Department of Revenue shall remit to each county (or township, if applicable) the amount requir...
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2023-07-28
Public Act . . . . . . . . . 103-0318
ILHB2518PassAmends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated dates of completion of redevelopment projects and the retirement of obligations issued to finance redevelopment project costs for various ordi...
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2023-07-28
Public Act . . . . . . . . . 103-0315
ILHB2579PassAmends the Department of Revenue Law of the Civil Administrative Code of Illinois and the Retailers' Occupation Tax Act. Provides that the Department of Revenue may deny a certificate of registration to an applicant or refuse to issue, reissue, or re...
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2023-07-28
Public Act . . . . . . . . . 103-0319
ILHB1343Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for an owner of an agricultural asset who sells or rents the agricultural asset to a beginning farmer. Provides that the credit shall be equal to: (1) 5% of the lesser of the sale price...
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2023-07-25
To House Rules Committee
ILHB2224PassAmends the State Comptroller Act. Provides that after 3 years from the date of issuance of an original Comptroller's warrant, any sum of money payable shall be presumed abandoned and subject to disposition under the Revised Uniform Unclaimed Property...
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2023-06-30
Public Act . . . . . . . . . 103-0148
ILHB2289PassCreates the First 2023 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...
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2023-06-30
Public Act . . . . . . . . . 103-0154
ILSB0185Intro
25%
Amends the Property Tax Code. Provides that, for the purposes of the senior citizens assessment freeze homestead exemption, "income" does not include any required minimum distribution from an individual retirement annuity. Effective immediately.
[Detail][Text][Discuss]
2023-06-26
To Senate Assignments Committee
ILSB0804Intro
25%
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]
2023-06-26
To Senate Assignments Committee
ILSB1155Intro
25%
Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]
2023-06-26
To Senate Assignments Committee
ILSB1148Intro
25%
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]
2023-06-26
To Senate Assignments Committee
ILSB1154Intro
25%
Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]
2023-06-26
To Senate Assignments Committee
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