| IL | HB4430 | 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] | 2024-10-09
To House Rules Committee |
| IL | SB2656 | 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] | 2024-09-30
To Senate Assignments Committee |
| IL | SB3592 | Pass | Creates the Strengthening Community Media Act. Provides that a local news organization shall not be sold to a company without giving written notice 120 days before the sales occurs to specified individuals and organizations. Amends the Higher Educati...
[Detail][Text][Discuss] | 2024-08-09
Public Act . . . . . . . . . 103-1021 |
| IL | SB3104 | Intro
25% | Amends the Illinois Income Tax Act. Creates a child care credit in an amount equal to 25% of the federal tax credit for each qualifying child. Effective immediately.
[Detail][Text][Discuss] | 2024-06-12
To Senate Assignments Committee |
| IL | HB5854 | Intro
25% | Creates the Safe Gun Storage Act. Provides that a firearm owner shall not store or keep any firearm in any premises where the firearm owner knows or reasonably should know a minor, an at-risk person, or a prohibited person is likely to gain access to...
[Detail][Text][Discuss] | 2024-05-23
To House Rules Committee |
| IL | HB4857 | Intro
25% | Creates the Distressed Farmers Act. Provides that the Department of Agriculture shall fund and administer programs to address the needs of distressed farmers. Provides for a tax credit for distressed farmers. Amends The Illinois Income Tax Act. Provi...
[Detail][Text][Discuss] | 2024-05-21
To House Rules Committee |
| IL | SB3474 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall award income tax credits in an amount equal to 13% of the qualifying ...
[Detail][Text][Discuss] | 2024-05-17
To Senate Assignments Committee |
| IL | SB3233 | 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] | 2024-05-16
To Senate Assignments Committee |
| IL | SB3953 | Intro
25% | Creates the Local Journalism Sustainability Act. Creates a credit against an employer's withholding tax liability if the employer is a local news organization. Provides that the amount of the credit is equal to 50% of the amount of wages paid by the ...
[Detail][Text][Discuss] | 2024-05-14
To Senate Assignments Committee |
| IL | HB4909 | 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] | 2024-05-06
To House Rules Committee |
| IL | SB2624 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for certain qualified individual taxpayers who rent a dwelling in Illinois for use as their principal place of residence. Provides that the credit shall be equal to 5% of the documented...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2718 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are employed as an early childhood teacher or an early childhood assistant during the taxable year and who have a federal adjusted gross income for the taxable year of...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2883 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for qualified businesses that install solar canopies or permeable surfaces in their parking areas during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2912 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for qualified housing developers who incur development costs in the construction of new housing. Sets forth the amount of the credit. Effective immediately.
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2922 | Intro
25% | Amends the Illinois Income Tax Act. Provides a tax credit for certain developers of single-family residences that incur development costs and that sell or rent qualified residences to individuals who meet certain income thresholds. Sets forth the amo...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3131 | Intro
25% | Amends the Illinois Income Tax Act. Provides that each taxpayer that manufactures renewable diesel in Illinois is eligible for an income tax credit equal to $1 per whole gallon of renewable diesel manufactured by the taxpayer in Illinois and sold to ...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB2998 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make an investment in depreciable property used primarily to collect or process reclaimable material or to manufacture products from reclaimed material. Sets forth the...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3395 | Intro
25% | Creates the Music and Musicians Tax Credit and Jobs Act. Provides that the Department of Commerce and Economic Opportunity may award credits to qualified music companies. Creates the Music Education Scholarship Act. Provides that the Board of Higher ...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3808 | 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3607 | 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] | 2024-05-03
To Senate Assignments Committee |
| IL | SB3690 | Intro
25% | Amends the School Code. Provides that the State Board of Education shall establish a librarian recruitment and retention program, which shall encourage both new and experienced librarians to seek employment with qualifying public schools by providing...
[Detail][Text][Discuss] | 2024-05-03
To Senate Assignments Committee |
| IL | HB4526 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $5,000 for a taxpayer who is a qualified community care physician. Effective immediately.
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB5759 | Intro
25% | Creates the Music and Musicians Tax Credit and Jobs Act. Provides that the Department of Commerce and Economic Opportunity may award credits to qualified music companies. Creates the Music Education Scholarship Act. Provides that the Board of Higher ...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB5194 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for each qualified individual who serves as a volunteer first responder for at least 9 months during the taxable year and who incurs expenses for the purchase of eligible equipment that...
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB4128 | Intro
25% | Creates the Veterans Day Paid Leave Act. On and after January 1, 2025, requires each employer to provide each employee who is a veteran with a paid day off on Veterans Day if the employee would otherwise be required to work on that day. Provides that...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4250 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit of $250 for taxpayers who make 4 or more qualified donations of human whole blood or human blood components during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4403 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 100% of the State and federal income, estate, and gift taxes incurred by the taxpayer during the taxable year as a result of a liquidation of assets by the taxpaye...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4370 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to 100% of the eligible recycling costs incurred by the taxpayer during the taxable year, not to exceed $1,000 per taxpayer. Provides that "eligible recy...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4406 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the foster care expenses, not to exceed $1,000 in any taxable year, paid or incurred by the taxpayer with respect to a qualified dependent child. Provides that the...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4560 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for the eligible purchase of a firearm safety device. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4565 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit not to exceed 25% of the eligible costs incurred by the taxpayer during the taxable year in connection with the production of a biobased product. Provides that the Department of Commerc...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4670 | Intro
25% | Amends the Child Care Act of 1969. Creates a manufacturer child care center incentive pilot program in this State. Provides that an applicant shall follow staffing, medication, background checks, and liability insurance requirements as contained in a...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4676 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a taxpayer who is a family caregiver is eligible to receive a nonrefundable income tax credit in an amount equal to 100% of the eligible expenditures incurred by the taxpayer during the taxable year r...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4766 | Intro
25% | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall award income tax credits in an amount equal to 13% of the qualifying ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4790 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4858 | Intro
25% | Amends the Illinois Income Tax Act. Provides that a qualified taxpayer who has annual student loan repayment expenses is eligible for an income tax credit equal to the taxpayer's student loan repayment expenses for the taxable year, but not to exceed...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4847 | Intro
25% | Creates the Interactive Digital Media Tax Credit Act. Entitles interactive digital media companies that meet certain requirements to an income tax credit in the amount of 30% of certain expenses incurred by the applicant for an accredited production ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4864 | 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] | 2024-04-05
To House Rules Committee |
| IL | HB4960 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer who makes a contribution during the taxable year to a domestic violence shelter or domestic violence service program administered by the Department of Human Services i...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5081 | Intro
25% | Creates the Investing in Tomorrow's Workforce Act. Creates an income tax credit for a taxpayer that makes a qualified contribution to a scholarship granting organization for which the taxpayer has received a certificate of receipt from the organizati...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5080 | Intro
25% | Creates the Illinois Farmers Who Fight Food Insecurity Act. Establishes an income tax credit for taxpayers who own farm property in the State and make a qualified donation of an agricultural or horticultural commodity, or a cash donation, to a food b...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5122 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $500 for a taxpayer who serves as a full-time police officer, firefighter, or rescue worker during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5152 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for each individual taxpayer who (i) is a healthcare provider who, for the purpose of providing lawful health care services in this State, permanently relocates during the taxable year ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5210 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for any amount included in the taxpayer's federal adjusted gross income as a result of discharge of student loan indebtedness. Creates an income tax credit for qualified higher education expense...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5424 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for fire equipment distributors that are actively researching and developing alternative fire prevention equipment that contains no perfluoroalkyl or polyfluoroalkyl substances. Provide...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5461 | Intro
25% | Creates the Concrete Carbon Utilization, Reduction, and Removal Breakthrough Act. Establishes a performance-based tax credit for concrete producers to incentivize the use of materials and methods for State-funded projects that reduce the embodied car...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5668 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who open and operate a supermarket or grocery store in a food desert community designated by the Department of Commerce and Economic Opportunity. Provides that the credit ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | SB2707 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for an individual taxpayer who is a medical professional in a community-based practice who serves without compensation as a preceptor for at least one student from a qualifying institut...
[Detail][Text][Discuss] | 2024-03-15
To Senate Assignments Committee |
| IL | SB2833 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for individuals who (i) serve as a volunteer for 100 hours during the taxable year, (ii) do not receive any compensation for their services as a volunteer for the taxable year, and (iii...
[Detail][Text][Discuss] | 2024-03-15
To Senate Assignments Committee |
| IL | SB3576 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the qualified conversion expenditures incurred by a taxpayer for a qualified converted building. Effective immediately.
[Detail][Text][Discuss] | 2024-03-15
To Senate Assignments Committee |
