Illinois Code | Chapter 35Article 5Section 201

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ILSB2259IntroAmends the Illinois Income Tax Act. Creates a credit for taxpayers who (1) have an adjusted gross income of $200,000 or less and (2) are college or university students or may claim a college or university student as a dependent. Provides that the cre...
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2017-11-01
To Senate Assignments Committee
ILSB0007EngrossCreates the Chicago Casino Development Authority Act. Provides for the creation of the Chicago Casino Development Authority, whose duties include promotion and maintenance of a casino. Amends the Illinois Horse Racing Act of 1975 and the Riverboat Ga...
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2017-09-28
To House Rules Committee
ILSB2224IntroIf and only if Senate Bill 9 of the 100th General Assembly becomes law in the form in which it was amended by House Amendment No. 3, repeals the State Tax Lien Registration Act and the Revised Uniform Unclaimed Property Act created by that bill. Repe...
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2017-07-21
To Senate Assignments Committee
ILHB4078IntroIf and only if Senate Bill 9 of the 100th General Assembly becomes law in the form in which it was amended by House Amendment No. 3, repeals the State Tax Lien Registration Act and the Revised Uniform Unclaimed Property Act created by that bill. Repe...
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2017-07-18
To House Rules Committee
ILSB0009PassCreates the Sugar-Sweetened Beverage Tax Act. Imposes a tax on distributors of bottled sugar-sweetened beverages, syrups, or powders at the rate of $0.01 per ounce of bottled sugar-sweetened beverages sold or offered for sale to a retailer for sale i...
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2017-07-06
Public Act . . . . . . . . . 100-0022
ILHB0073IntroAmends the Illinois Pension Code. Makes a technical change in a Section concerning definitions. Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the tax imposed.
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2017-03-31
To House Rules Committee
ILHB0074IntroAmends the Illinois Pension Code. Makes a technical change in a Section concerning definitions. Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the tax imposed.
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2017-03-31
To House Rules Committee
ILHB0357IntroAmends the Illinois Income Tax Act. For taxable years beginning on or after January 1, 2017, reduces the rate of tax to 3% for individuals, trusts, and estates and 4.8% for corporations. Makes corresponding changes concerning the distribution of tax ...
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2017-03-31
To House Rules Committee
ILHB0400IntroAmends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2017 and prior to December 31, 2027. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses...
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2017-03-31
To House Rules Committee
ILHB0450IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the research and development credit applies for all tax years ending on or after December 31, 2004, including, but not l...
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2017-03-31
To House Rules Committee
ILHB0444IntroAmends the Illinois Income Tax Act. Increases the maximum amount of the education expense credit to $1,500 (currently, $500). Adds athletic fees, driver's education fees, and fees and costs associated with certain out-of-school activities to the list...
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2017-03-31
To House Rules Committee
ILHB0460IntroAmends the Illinois Income Tax Act. Reduces the income tax rate for corporations to 2.625% for taxable years beginning on or after January 1, 2017 (currently, the rate is 5.25% for taxable years beginning prior to January 1, 2025 and 4.8% for taxable...
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2017-03-31
To House Rules Committee
ILHB2438IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the research and development credit may be carried forward for a period of 20 taxable years (now, 5 taxable years) or ca...
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2017-03-31
To House Rules Committee
ILHB3433IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 years (instead of 5 years). Increases the amount of the research an...
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2017-03-31
To House Rules Committee
ILHB3468IntroAmends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2019, the rate of tax shall be 4.8% for corporations (currently, the rate is 5.25%, but it is scheduled to be reduced to 4.8% on January 1, 2025). M...
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2017-03-31
To House Rules Committee
ILHB2498IntroCreates the Chicago Casino Development Authority Act. Provides for the creation of the Chicago Casino Development Authority, whose duties include promotion and maintenance of a casino. Amends the Illinois Horse Racing Act of 1975 and the Riverboat Ga...
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2017-03-31
To House Rules Committee
ILHB2745IntroAmends the Illinois Income Tax Act. Reinstates the research and development credit for tax years ending on or after January 1, 2017, and provides that the credit applies on a permanent basis. Provides that the credit may be carried forward for a peri...
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2017-03-31
To House Rules Committee
ILHB3361IntroAmends the Illinois Income Tax Act. Provides that the Department of Commerce and Economic Opportunity may designate investment zones. Provides that an area is eligible for designation as an investment zone if the median household income is less than ...
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2017-03-31
To House Rules Committee
ILHB3522IntroAmends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2018, the rate of tax for individuals, trusts, and estates shall be: (1) 4% of the portion of the taxpayer's net income from $0 to $7,500; (2) 5.84%...
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2017-03-31
To House Rules Committee
ILHB4002IntroCreates the Chicago Casino Development Authority Act. Provides for the creation of the Chicago Casino Development Authority, whose duties include promotion and maintenance of a casino. Amends the Illinois Horse Racing Act of 1975 and the Riverboat Ga...
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2017-03-07
To House Rules Committee
ILSB1543IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
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2017-02-09
To Senate Assignments Committee
ILSB1669IntroAmends the Illinois Income Tax Act. Reinstates the research and development credit for tax years ending on or after January 1, 2017, and provides that the credit applies on a permanent basis. Provides that the credit may be carried forward for a peri...
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2017-02-09
To Senate Assignments Committee
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