Bill Title: 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-01-28 - Referred to Assignments [SB1271 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2025-01-28	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB1271

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1271 currently on file.

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