Comments: IL HB5470 | 2025-2026 | 104th General Assembly

Bill Title: Reinserts the provisions of House Amendment No. 1 with changes. Removes provisions of the Illinois Power Agency Act extending a home rule preemption concerning taxes or fees related to the generation of electricity. Removes provisions extending the following income tax credits: (1) the research and development credit; (2) the angel investment credit; (3) the apprenticeship education expense credit; and (4) the River Edge Redevelopment Zone credit. Effective immediately.

Sponsorship: Partisan Bill (Democrat 7)

Status: (Passed) 2026-08-07 - Public Act . . . . . . . . . 104-0799 [HB5470 Detail]

Text: Latest bill text (Enrolled) [HTML]

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