| IL | HB1212 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit in an amount equal to the eligible expenses incurred for engaging in qualified tourism activities by the taxpayer during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2025-02-25
[Hearing: Mar 6 @ 8:00 am]
To House Income Tax Committee |
| IL | HB1218 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to $1,500 for each person who is claimed as a dependent of the taxpayer for the taxable year under Section 152 of the Internal Revenue Code. Effective immediately.
[Detail][Text][Discuss] | 2025-02-25
[Hearing: Mar 6 @ 8:00 am]
To House Income Tax Committee |
| IL | HB1803 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from ...
[Detail][Text][Discuss] | 2025-02-25
[Hearing: Mar 6 @ 8:00 am]
To House Revenue & Finance Committee |
| IL | HB1799 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a taxpayer is entitled to an income tax credit for each person who is (i) 62 years of age or older during the taxable year and (ii) employed by the taxpayer at a location in this State for not less th...
[Detail][Text][Discuss] | 2025-02-25
[Hearing: Mar 6 @ 8:00 am]
To House Revenue & Finance Committee |
| IL | HB3457 | Intro
25% | Provides that the amendatory Act may be referred to as the Land Conservation Incentives Act. Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2025, there is a tax credit of up to $200,000 with resp...
[Detail][Text][Discuss] | 2025-02-19
To House Rules Committee |
| IL | HB3621 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit in an amount equal to the investment made by the taxpayer during the taxable year in a Qualified Opportunity Fund. Provides that no such credit may be taken for any taxable year that begins prior t...
[Detail][Text][Discuss] | 2025-02-18
To House Rules Committee |
| IL | HB3615 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of th...
[Detail][Text][Discuss] | 2025-02-18
To House Rules Committee |
| IL | HB3738 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who (1) paid rent on a personal residence in Illinois for at least 6 months during the taxable year; (2) are not claimed as a dependent on someone else's federal income ta...
[Detail][Text][Discuss] | 2025-02-18
To House Rules Committee |
| IL | SB2281 | Intro
25% | Provides that the amendatory Act may be referred to as the Land Conservation Incentives Act. Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2025, there is a tax credit of up to $200,000 with resp...
[Detail][Text][Discuss] | 2025-02-07
To Senate Assignments Committee |
| IL | HB2606 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 50% of the contributions made by the taxpayer during the taxable year to one or more qualifying pregnancy resource centers. Provides that the term "qualifying preg...
[Detail][Text][Discuss] | 2025-02-06
To House Rules Committee |
| IL | SB1835 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 10% of the manufacturing capital expenditures incurred by the taxpayer during the taxable year or, if the taxpayer is located in a rural or economically challenged...
[Detail][Text][Discuss] | 2025-02-06
To Senate Assignments Committee |
| IL | HB3066 | Intro
25% | Creates the Distressed Farmers Act. Provides that the Department of Agriculture shall, by rule, establish a grant program through which it provides (i) up to $5,000,000 for apprenticeships for individuals working in a direct or support capacity for a...
[Detail][Text][Discuss] | 2025-02-06
To House Rules 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 | 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 |
