IL SB2716 | 2025-2026 | 104th General Assembly
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on October 15 2025 - 25% progression, died in committee
Action: 2025-10-15 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on October 15 2025 - 25% progression, died in committee
Action: 2025-10-15 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the pass-through entity tax applies on a permanent basis. Effective immediately.
Title
INC TX-PASS THROUGH ENTITY
Sponsors
| Sen. Li Arellano [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-10-15 | Senate | Referred to Assignments |
| 2025-10-15 | Senate | First Reading |
| 2025-10-15 | Senate | Filed with Secretary by Sen. Li Arellano, Jr. |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 201 | Amended Code | Citation Text |
