| IL | SB3489 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for amounts that are disallowed as a deduction on the taxpayer's federal income tax return because of the $10,000 limitation under the federal Internal Revenue Code on deductions for certain Sta...
[Detail][Text][Discuss] | 2024-07-02
To Senate Assignments Committee |
| IL | SB3575 | Intro
25% | Amends the Illinois Income Tax Act. Removes a provision that sets forth the basic amount of the standard exemption for taxable years ending on or after December 31, 2023 and prior to December 31, 2024, and restores the cost-of-living adjustment for t...
[Detail][Text][Discuss] | 2024-07-02
To Senate Assignments Committee |
| IL | HB4844 | Pass | Creates the First 2024 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...
[Detail][Text][Discuss] | 2024-07-01
Effective Date July 1, 2024 |
| IL | SB0280 | Intro
25% | Creates the Department of Lottery and Gaming Act. Creates the Department of Lottery and Gaming to consolidate the functions of the Department of the Lottery, the Illinois Racing Board, and the Illinois Gaming Board. Creates the Lottery and Gaming Boa...
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0238 | Intro
25% | Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Modifies the provisions of the Act to apply to veterans and veteran-owned businesses. Modifies a Section concerning the short title. Changes the title of the Act...
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0807 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0808 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0809 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0812 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0813 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0811 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB0814 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB2360 | Intro
25% | Creates the Judicial Campaign Reform Act and amends the Election Code, the State Finance Act, the Illinois Income Tax Act, and the Clerks of Courts Act. Creates a voluntary program of public financing of election campaigns for the offices of judges o...
[Detail][Text][Discuss] | 2024-06-26
To Senate Assignments Committee |
| IL | SB3155 | Enroll
75% | Amends the Illinois Income Tax Act. In provisions requiring a claimant or claimants to repay certain amounts received under the angel investment tax credit if a qualified new business venture fails to maintain its minimum employment threshold, provid...
[Detail][Text][Discuss] | 2024-06-21
Sent to the Governor |
| IL | SB3592 | Enroll
75% | Creates the Strengthening Community Media Act. Provides that a local news organization shall not be sold to a company without giving written notice 120 days before the sales occurs to specified individuals and organizations. Amends the Higher Educati...
[Detail][Text][Discuss] | 2024-06-21
Sent to the Governor |
| IL | SB3104 | 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] | 2024-06-12
To Senate Assignments Committee |
| IL | HB4496 | Intro
25% | 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...
[Detail][Text][Discuss] | 2024-05-31
To House Rules Committee |
| IL | HB4430 | 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] | 2024-05-23
To House Rules Committee |
| IL | HB5854 | Intro
25% | Creates the Safe Gun Storage Act. Provides that a firearm owner shall not store or keep any firearm in any premises where the firearm owner knows or reasonably should know a minor, an at-risk person, or a prohibited person is likely to gain access to...
[Detail][Text][Discuss] | 2024-05-23
To House Rules Committee |
| IL | HB4736 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for an amount equal to the amount included in the taxpayer's federal adjusted gross income that is attributable to student loan repayment assistance received by the taxpayer during the taxable y...
[Detail][Text][Discuss] | 2024-05-22
To House Rules Committee |
| IL | HB4857 | Intro
25% | Creates the Distressed Farmers Act. Provides that the Department of Agriculture shall fund and administer programs to address the needs of distressed farmers. Provides for a tax credit for distressed farmers. Amends The Illinois Income Tax Act. Provi...
[Detail][Text][Discuss] | 2024-05-21
To House Rules Committee |
| IL | SB3474 | 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] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3738 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the credit for ex-felons is renamed the credit for returning citizens. Provides that, for taxable years beginning on or after January 1, 2025, if the qualified returning citizen is employed by the tax...
[Detail][Text][Discuss] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3233 | 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] | 2024-05-16
To Senate Assignments Committee |
| IL | SB3953 | Intro
25% | Creates the Local Journalism Sustainability Act. Creates a credit against an employer's withholding tax liability if the employer is a local news organization. Provides that the amount of the credit is equal to 50% of the amount of wages paid by the ...
[Detail][Text][Discuss] | 2024-05-14
To Senate Assignments Committee |
| IL | SB0172 | Intro
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] | 2024-05-09
To Senate Assignments Committee |
| IL | SB3273 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for an amount equal to the amount included in the taxpayer's federal adjusted gross income that is attributable to student loan repayment assistance received by the taxpayer during the taxable y...
[Detail][Text][Discuss] | 2024-05-09
To Senate Assignments Committee |
| IL | HB4578 | 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] | 2024-05-08
To House Rules Committee |
| IL | HB4909 | 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] | 2024-05-06
To House Rules Committee |
| IL | SB2075 | Intro
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.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2265 | Intro
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...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2624 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for certain qualified 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...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2708 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2024, 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2656 | 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2717 | 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2718 | 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2704 | Engross
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] | 2024-05-03
To House Rules Committee |
| IL | SB2883 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for qualified businesses that install solar canopies or permeable surfaces in their parking areas during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2912 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for qualified housing developers who incur development costs in the construction of new housing. Sets forth the amount of the credit. Effective immediately.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2922 | Intro
25% | Amends the Illinois Income Tax Act. Provides a tax credit for certain developers of single-family residences that incur development costs and that sell or rent qualified residences to individuals who meet certain income thresholds. Sets forth the amo...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2953 | Intro
25% | Amends the Illinois Income Tax Act. Provides that an apprentice who is hired by the taxpayer through the United States Department of Defense SkillBridge internship program is considered a qualifying apprentice for the purpose of the apprenticeship ed...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3131 | Intro
25% | Amends the Illinois Income Tax Act. Provides that each taxpayer that manufactures renewable diesel in Illinois is eligible for an income tax credit equal to $1 per whole gallon of renewable diesel manufactured by the taxpayer in Illinois and sold to ...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2998 | Intro
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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3152 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax deduction for an amount of up to $50,000 per tax year contributed to a small business asset purchase account and all interest earned on such accounts during the tax year. Provides that a "smal...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3395 | Intro
25% | Creates the Music and Musicians Tax Credit and Jobs Act. Provides that the Department of Commerce and Economic Opportunity may award credits to qualified music companies. Creates the Music Education Scholarship Act. Provides that the Board of Higher ...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3808 | Intro
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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3607 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for developers that invest in a qualified project redeveloping a brownfield or grayfield. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retail...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3690 | Intro
25% | Amends the School Code. Provides that the State Board of Education shall establish a librarian recruitment and retention program, which shall encourage both new and experienced librarians to seek employment with qualifying public schools by providing...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | HB1241 | Intro
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] | 2024-05-02
To House Rules Committee |
| IL | HB5827 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, if a taxpayer is awarded a credit by the Department of Commerce and Economic Opportunity in connection with a qualifying Illinois data center located in a qualified area or a data center developed by...
[Detail][Text][Discuss] | 2024-05-01
To House Rules Committee |
