| IL | SB3873 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2026-07-06
To Senate Assignments Committee |
| IL | SB3019 | Pass | Creates the Targeted Advertising Services Tax Act. Provides that a tax is imposed upon providers of targeted advertising services at the rate of 10% of the gross receipts derived from such targeted advertising services provided in this State. Amends ...
[Detail][Text][Discuss] | 2026-06-30
Added as Co-Sponsor Sen. Mary Edly-Allen |
| IL | HB5125 | Intro
Sine Die | Amends the Enterprise Zone Act. Provides that certain credits related to high impact businesses do not apply on or after the effective date of the amendatory Act. Amends the Illinois Income Tax Act. Provides that a construction jobs credit does not a...
[Detail][Text][Discuss] | 2026-05-30
Added Co-Sponsor Rep. Norma Hernandez |
| IL | SB1813 | Intro
Sine Die | 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] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3710 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3791 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obta...
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3799 | Intro
Sine Die | Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced incom...
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3436 | Intro
Sine Die | Creates the Capital City Redevelopment Zone Act. Sets forth qualifications for an area to be designated as a Capital City Redevelopment Zone. Provides procedures and requirements for the initiation of a Capital City Redevelopment Zone by a municipali...
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3443 | Intro
Sine Die | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that provisions requiring the Department of Commerce and Economic Opportunity's official website to contain a comprehensive list of ...
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB4030 | Intro
Sine Die | Creates the Border Community Act. Provides that a municipality may, by ordinance, apply to the Department of Commerce and Economic Opportunity to be certified as a border community if all or part of the territory of the municipality is located within...
[Detail][Text][Discuss] | 2026-05-22
To Senate Assignments Committee |
| IL | SB3796 | Intro
Sine Die | Amends the Enterprise Zone Act. Provides that certain credits related to high impact businesses do not apply on or after the effective date of the amendatory Act. Amends the Illinois Income Tax Act. Provides that a construction jobs credit does not a...
[Detail][Text][Discuss] | 2026-05-12
Added as Co-Sponsor Sen. David Koehler |
| IL | HB4513 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2026-03-27
To House Rules Committee |
| IL | HB5191 | Intro
Sine Die | Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced incom...
[Detail][Text][Discuss] | 2026-03-27
To House Rules Committee |
| IL | SB2390 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obta...
[Detail][Text][Discuss] | 2026-03-05
To Senate Assignments Committee |
| IL | HB5527 | Intro
Sine Die | Amends the Illinois Income Tax Act. Increases the amount of the research and development credit by calculating the increase in the taxpayer's research activities in the State over 50% (currently, 100%) of the qualifying expenditures for the base peri...
[Detail][Text][Discuss] | 2026-03-02
To House Rules Committee |
| IL | HB5017 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates shall be (i) 4.5667% of the taxpayer's net income for taxable years beginning on or after January 1, 2026 and ending before January 1, 2027, (ii) 4....
[Detail][Text][Discuss] | 2026-02-10
To House Rules Committee |
| IL | HB4974 | Intro
Sine Die | Specifies that the amendatory Act may be referred to as the Educational Choice for Illinois Children Act. Amends the School Code. Provides that the General Assembly elects, on behalf of the State, to: (1) participate in the federal tax credit establi...
[Detail][Text][Discuss] | 2026-02-06
To House Rules Committee |
| IL | SB3884 | Intro
Sine Die | Creates the Extremely High Wealth Mark-to-Market Tax Act. Provides that a resident taxpayer with net assets worth $1,000,000,000 or more shall recognize gains or losses as if each asset owned by that taxpayer had been sold for its fair market value o...
[Detail][Text][Discuss] | 2026-02-06
To Senate Assignments Committee |
| IL | SB3658 | Intro
Sine Die | Amends the Illinois Income Tax Act. Amends the Illinois Income Tax Act. Sets forth a schedule of income-based tax rates for individuals, trusts, and estates for taxable years beginning on or after January 1, 2027.
[Detail][Text][Discuss] | 2026-02-05
To Senate Assignments Committee |
| IL | SB3437 | Intro
Sine Die | Repeals the Opportunities for At-Risk Women Act. Amends the Illinois Council on Women and Girls Act. Provides that the Council on Women and Girls may create the Opportunities for At-Risk Women Subcommittee to research and analyze organizations that s...
[Detail][Text][Discuss] | 2026-02-04
To Senate Assignments Committee |
| IL | SB1911 | Pass | Amends the State Finance Act. Provides that the sum of $17,653,153 shall be transferred from the General Revenue Fund to the Audit Expense Fund. Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level elect...
[Detail][Text][Discuss] | 2026-01-13
Added as Chief Co-Sponsor Sen. Paul Faraci |
| IL | SB2716 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the pass-through entity tax applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2025-10-15
To Senate Assignments Committee |
| IL | SB0252 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2025-06-02
To Senate Assignments Committee |
| IL | SB2021 | Intro
Sine Die | 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] | 2025-06-02
To Senate Assignments Committee |
| IL | SB2188 | Intro
Sine Die | 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] | 2025-06-02
To Senate Assignments Committee |
| IL | HB1203 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates is 4.85% (currently, 4.95%). Makes a conforming change concerning the pass-through entity tax. Effective immediately.
[Detail][Text][Discuss] | 2025-03-21
To House Rules Committee |
| IL | HB1602 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2025-03-21
To House Rules Committee |
| IL | HB2702 | Intro
Sine Die | 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] | 2025-03-21
To House Rules Committee |
| IL | HB3821 | Intro
Sine Die | Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2025, the maximum amount of the education expense credit is $1,500 (currently, $750). Effective immediately.
[Detail][Text][Discuss] | 2025-03-21
To House Rules Committee |
| IL | HB2608 | Intro
Sine Die | Amends the Illinois Income Tax Act. Reduces the rate of tax on individuals, trusts, estates, and certain pass-through entities from 4.95% to 3.75%. Reduces the rate of tax on corporations from 7% to 6%. Effective immediately.
[Detail][Text][Discuss] | 2025-02-06
To House Rules Committee |
| IL | HB2609 | Intro
Sine Die | Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. Effective immediately.
[Detail][Text][Discuss] | 2025-02-06
To House Rules Committee |
| IL | HB3025 | Intro
Sine Die | Amends the Illinois Income Tax Act. Makes a technical change in a provision concerning the imposition of tax under the Act.
[Detail][Text][Discuss] | 2025-02-06
To House Rules Committee |
| IL | SB1896 | Intro
Sine Die | Amends the Illinois Pension Code. Creates the State-Funded Retirement Systems Council to appoint and oversee the Pension Funding Trustee and to monitor and verify State funding to the State-Funded Retirement Systems. Creates the Office of Pension Tru...
[Detail][Text][Discuss] | 2025-02-06
To Senate Assignments Committee |
