| IL | SB0133 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act, and the Vehicle Use Tax Article of the Illinois Vehicle Code. Provides that the taxes under those Acts do not apply to a motor vehicle...
[Detail][Text][Discuss] | 2025-02-07
To Senate Revenue Committee |
| IL | SB1396 | Intro
25% | Amends the Property Tax Code. In provisions allowing for an expanded board of review in emergency cases, removes provisions providing that, in Lake, DuPage, McHenry, or Kane County, the chairman of the county board may appoint qualified residents of ...
[Detail][Text][Discuss] | 2025-02-04
To Senate Revenue Committee |
| IL | SB1382 | Intro
25% | Amends the Motor Fuel Tax Law. Provides that "motor fuel" means all volatile and inflammable substances, whether in liquid or gaseous form (currently, volatile and inflammable liquids). Provides that incidental use of motor fuel on private roads or p...
[Detail][Text][Discuss] | 2025-02-04
To Senate Revenue Committee |
| IL | SB0252 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
[Detail][Text][Discuss] | 2025-02-04
To Senate Revenue Committee |
| IL | SB1207 | Intro
25% | Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with th...
[Detail][Text][Discuss] | 2025-02-04
To Senate Revenue Committee |
| IL | SB1309 | Intro
25% | Amends the River Edge Redevelopment Zone Act. Provides that the Department of Commerce and Economic Opportunity may certify one additional pilot River Edge Redevelopment Zone in the City of Sterling.
[Detail][Text][Discuss] | 2025-02-04
To Senate Revenue Committee |
| IL | SB1178 | 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] | 2025-02-04
To Senate Revenue Committee |
| IL | SB0215 | Intro
25% | Amends the Property Tax Code. In provisions concerning notices of increased assessments, provides that the chief county assessment officer shall continue to accept appeals from the taxpayer for a period of not less than 30 business days from the late...
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0145 | Intro
25% | Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0178 | Intro
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] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0148 | Intro
25% | Creates the Illinois Home Buyer Savings Accounts Act. Provides that a first-time and second-chance home buyer may open an account with a financial institution designated in its entirety by the financial institution as a first-time and second-chance h...
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0146 | 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] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0240 | Intro
25% | Amends the Historic Preservation Tax Credit Act. Provides that, in calendar years beginning on or after January 1, 2026 and ending on or before December 31, 2028, the State Historic Preservation Office within the Department of Natural Resources may a...
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0214 | Intro
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] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0138 | 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] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0194 | Intro
25% | Amends the Illinois Income Tax Act. Creates the Illinois Graduate and Retain Our Workforce (iGROW) Tech Scholarship Fund checkoff. Provides that, through the checkoff, taxpayers may contribute to the Illinois Graduate and Retain Our Workforce (iGROW)...
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0135 | Intro
25% | Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the recipient of a credit under the Act may apply for a certificate of transferability of credit from the Department of Commerce and Economic Opportunity for the amou...
[Detail][Text][Discuss] | 2025-01-28
To Senate Revenue Committee |
| IL | SB0099 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities and veterans of World War II, provides that, if the taxpayer is the surviving spouse of a veteran whose death was determined to be service-c...
[Detail][Text][Discuss] | 2025-01-24
To Senate Revenue Committee |
| IL | SB0089 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the deduction for compensation paid to a resident by reason of being on active duty in the Armed Forces of the United States applies to compensation paid to all members of the uniformed services. Defi...
[Detail][Text][Discuss] | 2025-01-22
To Senate Revenue Committee |
| IL | SB0072 | Intro
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] | 2025-01-22
To Senate Revenue Committee |
| IL | SB0062 | 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] | 2025-01-22
To Senate Revenue Committee |
