Bill Sponsors: IL SB1271 | 2025-2026 | 104th General Assembly
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]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-01-28 - Referred to Assignments [SB1271 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Senator Seth Lewis [R] | Primary | Sponsored Bills | SD-024 | FollowTheMoney | Ballotpedia | VoteSmart |
