Illinois Code | Chapter 35 Article 5 Section 234

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ILSB0172Intro
25%
Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt fo...
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2024-04-19
To Senate Assignments Committee
ILHB3704Intro
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
ILSB2704Engross
50%
Reinserts the provisions of the introduced bill. Provides that, if a taxpayer is a volunteer member of a county or municipal emergency services and disaster agency, then the taxpayer must serve as a volunteer emergency worker for at least 100 hours d...
[Detail][Text][Discuss]
2024-04-15
To House Revenue & Finance Committee
ILHB1241Intro
25%
Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt fo...
[Detail][Text][Discuss]
2024-04-11
To House Rules Committee
ILSB2265Intro
25%
Amends the School Code. Provides that the State Board of Education shall establish a teacher recruitment and retention program, which shall encourage both new and experienced teachers to seek employment with qualifying public schools by providing for...
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2024-04-09
Added as Co-Sponsor Sen. Tom Bennett
ILSB2075Intro
25%
Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.
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2024-04-05
Rule 2-10 Committee Deadline Established As May 3, 2024
ILHB2374Intro
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
ILHB2435Intro
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
ILHB2466Intro
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
ILHB3797Intro
25%
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to the investment made by the taxpayer during the taxable year in a Qualified Opportunity Fund. Provides that no such credit may be taken for any taxable year that begins prior t...
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2024-04-05
To House Rules Committee
ILHB3678Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for individual taxpayers who participate in an apprenticeship program during the taxable year. Provides that the credit is equal to the unreimbursed expenses incurred by the taxpayer to...
[Detail][Text][Discuss]
2024-04-05
To House Rules Committee
ILHB3685Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the foster care expenses, not to exceed $1,000 in any taxable year, paid or incurred by the taxpayer with respect to a qualified dependent child. Provides that the...
[Detail][Text][Discuss]
2024-04-05
To House Rules Committee
ILSB0210Intro
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]
2024-03-15
To Senate Assignments Committee
ILSB0318Intro
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]
2024-03-15
To Senate Assignments Committee
ILSB1444Intro
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 ...
[Detail][Text][Discuss]
2024-03-15
To Senate Assignments Committee
ILSB1583Intro
25%
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 10% of the stipend or salary paid by the taxpayer to up to (i) 5 qualified college interns or (ii) 5 qualified high school interns during the taxable year. Provides that no ta...
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2024-03-15
To Senate Assignments Committee
ILSB1532Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for Illinois licensed wine manufacturers and craft brewers in an amount equal to 50% of the qualified costs incurred by a qualified taxpayer during the taxable year. Prohibits a taxpaye...
[Detail][Text][Discuss]
2024-03-15
To Senate Assignments Committee
ILSB2594Intro
25%
Amends the Illinois Income Tax Act. Removes a provision providing that the aggregate amount of credits awarded under a provision granting a credit to volunteer emergency workers may not exceed $5,000,000 in any calendar year. Effective immediately.
[Detail][Text][Discuss]
2024-03-15
To Senate Assignments 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 ...
[Detail][Text][Discuss]
2024-01-19
To House Rules Committee
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...
[Detail][Text][Discuss]
2023-07-25
To House Rules Committee
ILSB1737Intro
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]
2023-05-24
To Senate Assignments Committee
ILHB3368Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for each individual taxpayer who (i) is a healthcare provider who, for the purpose of providing reproductive care or gender-affirming care in this State, permanently relocates during th...
[Detail][Text][Discuss]
2023-05-18
To House Rules Committee
ILSB2253Intro
25%
Amends the Illinois Income Tax Act. Provides that for taxable years beginning on or after January 1, 2023, each individual who serves as a volunteer emergency worker for at least 9 months during the taxable year and does not receive compensation for ...
[Detail][Text][Discuss]
2023-05-11
To Senate Assignments Committee
ILHB2044Intro
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]
2023-05-03
To House Rules Committee
ILSB0168Intro
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]
2023-03-30
To Senate Assignments Committee
ILHB3828Intro
25%
Amends the Illinois Income Tax Act. Creates a tax credit for individual taxpayers who were members in good standing of a volunteer fire department for at least 6 months during the taxable year. Provides that the amount of the credit is $1,000. Provid...
[Detail][Text][Discuss]
2023-03-30
To House Rules Committee
ILSB1743Intro
25%
Creates the Revitalizing Downtowns Tax Credit Act. Creates an income tax credit in an aggregate amount equal to 25% of the qualified expenditures incurred by a qualified taxpayer undertaking a plan to substantially convert an office building from off...
[Detail][Text][Discuss]
2023-03-28
To Senate Assignments Committee
ILSB1683Intro
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]
2023-03-22
To Senate Assignments Committee
ILHB3308Intro
25%
Amends the Child Care Act of 1969. Creates a manufacturer child care center incentive pilot program in this State. Provides that an applicant shall follow staffing, medication, background checks, and liability insurance requirements as contained in a...
[Detail][Text][Discuss]
2023-03-22
To House Rules Committee
ILSB2316Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for any taxpayers that hire a new employee for a position as a driver for which a commercial driver's license is required and any individual taxpayers who are employed as a driver in a ...
[Detail][Text][Discuss]
2023-03-21
To Senate Assignments Committee
ILHB2600Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 50% of the contributions made by the taxpayer during the taxable year to one or more qualifying pregnancy resource centers. Provides that the term "qualifying preg...
[Detail][Text][Discuss]
2023-03-16
To House Rules Committee
ILHB2595Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to $1,500 for each person who is claimed as a dependent of the taxpayer for the taxable year under Section 152 of the Internal Revenue Code. Effective immediately.
[Detail][Text][Discuss]
2023-03-16
To House Rules Committee
ILHB3513Intro
25%
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to the eligible expenses incurred for engaging in qualified tourism activities by the taxpayer during the taxable year. Effective immediately.
[Detail][Text][Discuss]
2023-03-16
To House Rules Committee
ILSB0050Intro
25%
Amends the Illinois Income Tax Act. Provides that each individual who serves as a volunteer firefighter, a volunteer EMS provider, or a volunteer emergency worker during the taxable year is entitled to a credit in an amount equal to $1,000. Effective...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILHB1350Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are caregivers of a veteran with a disability. Provides that the credit shall be in an amount equal to 5% of the costs incurred in caring for the veteran, not to excee...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILSB0141Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILHB1410Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for businesses with an average of 100 or fewer full-time employees during the taxable year in an amount equal to 50% of the costs incurred by the business in offering a paid family leav...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILSB0341Intro
25%
Amends the Illinois Income Tax Act. Creates a credit for financial institutions with less than $50,000,000,000 in assets in an amount equal to the aggregate amount of all fees, penalties, and any other income derived during the taxable year from each...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILSB0164Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for an employer who hires a qualified employee to work at a location in the State. Sets forth the amount of the credit. Provides that the credit shall be increased if (i) the qualified ...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILHB2221Intro
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]
2023-03-10
To House Rules Committee
ILSB1836Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for individual taxpayers who rent a dwelling in Illinois for use as their principal place of residence. Provides that the credit shall be equal to 5% of the documented rental costs paid...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILSB1903Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 10% of the manufacturing capital expenditures incurred by the taxpayer during the taxable year or, if the taxpayer is located in a rural or economically challenged...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILSB2282Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from ...
[Detail][Text][Discuss]
2023-03-10
To Senate Assignments Committee
ILHB2331Intro
25%
Amends the Illinois Income Tax Act. Creates a credit for financial institutions with less than $50,000,000,000 in assets in an amount equal to the aggregate amount of all fees, penalties, and any other income derived during the taxable year from each...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2327Intro
25%
Amends the Illinois Income Tax Act. Creates a credit for taxpayers who have at least one eligible dependent and whose income does not exceed certain specified guidelines. Effective immediately.
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2511Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $250 for taxpayers who (i) adopt an animal from a no kill animal shelter and (ii) retain ownership of the animal for a period of 6 consecutive months during the taxable...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2425Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from ...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2839Intro
25%
Creates the Investing in Illinois Works Tax Credit Act. Authorizes owners and operators of facilities that are used for petrochemical refining and chemical manufacturing and that emit or may emit certain regulated air pollutants to claim an income ta...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2916Intro
25%
Amends the Illinois Income Tax Act. Provides that a taxpayer who (i) has an associate degree, a bachelor's degree, or a graduate degree from an institution of higher education accredited by the U.S. Department of Education and (ii) has annual student...
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
ILHB2941Intro
25%
Amends the Illinois Income Tax Act. Creates an income tax credit for community based faculty preceptors. Sets forth the amount of the credit. Effective immediately.
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
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