| IL | SB1647 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are the custodians of one or more children who attend an eligible preschool program in the State during the taxable year. Provides that the amount of the credit shall ...
[Detail][Text][Discuss] | 2025-05-22
To Senate Revenue Committee |
| IL | SB1449 | Intro
25% | Amends the Downstate Forest Preserve District Act. Allows the board of a forest preserve district to establish a special forest preserve district retailers' occupation tax and service occupation tax after referendum of the voters. Allows the tax to u...
[Detail][Text][Discuss] | 2025-05-20
To Senate Revenue Committee |
| IL | SB0062 | 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] | 2025-05-20
To Senate Revenue Committee |
| IL | HB2380 | Engross
50% | Amends the Electric Vehicle Rebate Act. Changes, adds, and repeals definitions. Provides that, beginning July 1, 2026 (rather than 2022), and continuing as long as funds are available, each income-eligible person (rather than each person) shall be el...
[Detail][Text][Discuss] | 2025-05-15
To Senate Revenue Committee |
| IL | SB1505 | Intro
25% | Amends the Small Business Job Creation Tax Credit Act. Renews the program for incentive periods beginning on or after July 1, 2025 and ending on or before June 30, 2032. Removes language concerning the Put Illinois to Work Program for the second seri...
[Detail][Text][Discuss] | 2025-05-14
To Senate Revenue Committee |
| IL | HB0643 | Engross
50% | Amends the Illinois Municipal Code. Provides that a municipality may not levy or collect any use, occupation, privilege, or excise tax, including, but not limited to, a parking excise tax, on any transaction that occurs on the premises of a joint-use...
[Detail][Text][Discuss] | 2025-05-14
To Senate Revenue Committee |
| IL | SB2120 | Intro
25% | Amends the Department of Human Services Act. Provides that the Department of Human Services is authorized to implement and administer the 9-8-8 National Suicide Prevention Lifeline system in compliance with the National Suicide Hotline Designation Ac...
[Detail][Text][Discuss] | 2025-05-12
To Senate Revenue Committee |
| IL | SB1821 | Intro
25% | Amends the Property Tax Code. In provisions concerning the low-income senior citizens assessment freeze homestead exemption, provides that the applicant's income does not include up to $10,000 per household in required minimum distributions under the...
[Detail][Text][Discuss] | 2025-05-12
To Senate Revenue Committee |
| IL | SB0215 | Intro
25% | Amends the Property Tax Code. In provisions concerning notices of increased assessments, provides that the chief county assessment officer shall continue to accept appeals from the taxpayer for a period of not less than 30 business days from the late...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2021 | Intro
25% | Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Effective immediately.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1396 | Intro
25% | Amends the Property Tax Code. In provisions allowing for an expanded board of review in emergency cases, removes provisions providing that, in Lake, DuPage, McHenry, or Kane County, the chairman of the county board may appoint qualified residents of ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2290 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that a data center also includes a quantum research facility.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1993 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for contributions to an ABLE account. Provides that the credit shall be in an amount equal to 25% of that matching contribution, but not to exceed $500 per contributing employee per tax...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2344 | Intro
25% | Creates the Statewide Innovation Development and Economy Act. Provides that the purpose of the Act is to promote, stimulate, and develop the general and economic welfare of the State of Illinois and its communities and to assist in the development an...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2382 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for a taxpayer that makes a qualified donation of real property during the taxable year to an employer that will use the property for the purpose of providing onsite child care to its e...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0133 | 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] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1897 | Intro
25% | Amends the Film Production Services Tax Credit Act of 2008. Provides that accredited productions shall be considered Category 1 productions or Category 2 productions. Provides that a Category 1 production is an accredited production that meets the fo...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1382 | Intro
25% | Amends the Motor Fuel Tax Law. Provides that "motor fuel" means all volatile and inflammable substances, whether in liquid or gaseous form (currently, volatile and inflammable liquids). Provides that incidental use of motor fuel on private roads or p...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0099 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities and veterans of World War II, provides that, if the taxpayer is the surviving spouse of a veteran whose death was determined to be service-c...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1646 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are employed as an early childhood teacher or an early childhood assistant during the taxable year and who have a federal adjusted gross income for the taxable year of...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1830 | Intro
25% | Amends the Property Tax Code. Provides that, except as provided with respect to mobile homes, a building or structure that is not affixed to or installed on a permanent foundation or connected to utilities for year-round occupancy is not considered r...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2281 | Intro
25% | Provides that the amendatory Act may be referred to as the Land Conservation Incentives Act. Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2025, there is a tax credit of up to $200,000 with resp...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1406 | 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, for aircraft purchased on or after January 1, 2025, "use as rolling stock moving in interstate commerce" occurs whe...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1709 | 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] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2163 | Intro
25% | Amends the Property Tax Code. Provides that, on and after the publication of population data from the 2030 federal decennial census, provisions concerning multi-township assessors apply to qualified townships with less than 3,000 inhabitants (current...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1813 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the education expense credit shall be 50% of the qualified education expenses incurred by a custodian on behalf of a qualifying pupil. Provides that, for tax years ending on or after December 31, 2025...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1633 | 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 leases of solar energy systems are exempt from the taxes imposed under the Acts.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1645 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2025, 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] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1695 | Intro
25% | Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, if a county clerk determines that any lot, block, tract, or parcel of real property within a redevelopment project area is not taxable or has an init...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2276 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a limitation on carryover deductions for corporations applies for taxable years ending on or after December 31, 2024 and prior to December 31, 2025 (currently, December 31, 2027). Amends the Business ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1739 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for the purpose of allocating gains and losses from sales or exchanges of shares in a Subchapter S corporation or from interests in certain partnerships, those gains and losses shall be allocated in ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0089 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the deduction for compensation paid to a resident by reason of being on active duty in the Armed Forces of the United States applies to compensation paid to all members of the uniformed services. Defi...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0252 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1673 | Intro
25% | Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, from August 6, 2025 through August 8, 2025, and from August 13, 2025 through August 15, 2025, the tax imposed under the Acts on clothing and school supplies shall be at the ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1833 | Intro
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 (i) the portion of income or loss that is received from a trade or business cond...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1644 | Intro
25% | Amends the Property Tax Code. Provides that each tax bill shall contain a statement for each tax increment financing (TIF) district in which the property is located setting forth the amount that each taxing district that contains all or part of the T...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1749 | Intro
25% | Creates the Short-Term Rental Occupation Tax Act. Imposes taxes upon short-term rental transactions facilitated by a hosting platform. Provides that one tax is imposed at the rate of 5% of 94% of the gross rental receipts from the transaction. Provid...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2458 | 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] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0072 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a taxpayer who may claim a qualifying student as a dependent is allowed a credit of up to $2,000 for qualified tuition and fee expenses paid by the taxpayer. Provides that the term qualifying student ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0145 | Intro
25% | Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2263 | Intro
25% | Amends the Illinois Income Tax Act. Creates a child care credit in an amount equal to 25% of the federal tax credit for each qualifying child. Effective immediately.
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1718 | Intro
25% | Creates the Back-to-School Sales Tax Holiday Act. Provides that no sales tax shall be imposed on eligible merchandise purchased by any individual or entity in the State of Illinois during the sales tax holiday period. Provides that the sales tax holi...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0178 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2277 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2025, the credit for employee child care shall be in an amount equal to: (1) 50% of the start-up costs expended by the corporate taxpayer to provide ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0148 | Intro
25% | Creates the Illinois Home Buyer Savings Accounts Act. Provides that a first-time and second-chance home buyer may open an account with a financial institution designated in its entirety by the financial institution as a first-time and second-chance h...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0146 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB0240 | Intro
25% | Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2026 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may a...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2023 | Intro
25% | Amends the Electricity Excise Tax Law. Provides that, beginning July 1, 2025, the tax under the Act is imposed on the operator of an electric vehicle charging station for the electric power transferred for the purpose of charging an electric vehicle....
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB1207 | Intro
25% | Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with th...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
| IL | SB2086 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2025, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000. Provides that, for taxable year 2026 and subsequent taxable years, ...
[Detail][Text][Discuss] | 2025-05-09
To Senate Revenue Committee |
