| IL | HB1077 | Fail | 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] | 2025-01-07
Session Sine Die |
| IL | HB1078 | Fail | Amends the Illinois Income Tax Act. Provides for a credit for taxpayers who hire full-time employees to fill positions at a location in a county with fewer than 250,000 inhabitants. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1109 | Fail | Amends the Property Tax Code. Provides that the statute of limitations for the execution of a certificate of error does not apply to a certificate of error correcting an assessment to $1 when the property is used as a common area by a subdivision, as...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1116 | Fail | Amends the Illinois Income Tax Act. Increases the amount transferred from the General Revenue Fund to the Local Government Distributive Fund. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1154 | Fail | Amends the Property Tax Code. Provides that the surviving spouse of a veteran who has a service connected disability of 100% and is deemed to be permanently and totally disabled shall not be required to reapply for the homestead exemption for veteran...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1143 | Fail | Amends the Illinois Hydraulic Fracturing Tax Act. Provides that moneys received under the Act shall be paid into the State Pensions Fund and shall be used only for the funding of the unfunded liabilities of the designated State-funded retirement syst...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1221 | Fail | Amends the Motor Fuel Tax Law. Provides that an increase in the rate of tax based on the change in the Consumer Price Index shall not occur until July 1, 2023 (currently, January 1, 2023). Ends a requirement that retailers of motor fuel shall cause a...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1219 | Fail | Amends the Property Tax Code. In a provision concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that, beginning in assessment year 2023, the taxpayer's annual household income for purposes of determining eligibi...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1218 | Fail | Amends the Property Tax Code. Provides that a taxing district may abate a portion of its taxes on property upon which affordable housing has been or will be constructed in a development mixed with commercial property. Provides that the value of the a...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1223 | Fail | Amends the Property Tax Code. Provides that any taxing district shall abate its taxes on property that (i) contains a grocery store or supermarket that is owned by a minority person, a woman, or a person with a disability and offers fresh produce for...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1238 | Fail | Amends the Property Tax Code. Provides that each county treasurer in a county with 3,000,000 or more inhabitants shall operate an installment payment program to allow delinquent property taxes due from current and prior years to be paid in monthly in...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1241 | Fail | Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt fo...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1251 | Fail | Amends the Illinois Income Tax Act. In provisions concerning the angel investment credit, provides that the amount of the credit is 35% (rather than 25%) of the claimant's investment made directly in the qualified new business venture if the investme...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1250 | Fail | Amends the Illinois Income Tax Act. Creates an energy price relief income tax credit. Sets forth the amount of the credit, which shall be a percentage of the total amount paid by the taxpayer during the taxable year for energy supplied to a property ...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1254 | Fail | Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to i...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1257 | Fail | Amends the Invest in Kids Act. Provides that, for taxable years beginning on or after January 1, 2023, the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year, no...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1263 | Fail | Amends the Property Tax Code. Provides that each taxing district shall publish specified information concerning the district's property tax rate and extension. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1274 | Fail | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and co...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1288 | Fail | Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year....
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1279 | Fail | Amends the Property Tax Code. Provides that, beginning in taxable year 2023, the homestead exemption for persons with disabilities shall be in the amount of $8,000 (currently, $2,000). Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1287 | Fail | Amends the Property Tax Code. Provides that, in counties in which the county board so provides, by ordinance or resolution, owners of income-producing properties in the county shall file physical descriptions of their properties with the chief county...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0019 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0021 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0050 | Fail | Amends the Illinois Income Tax Act. Provides that each individual who serves as a volunteer firefighter, a volunteer EMS provider, or a volunteer emergency worker during the taxable year is entitled to a credit in an amount equal to $1,000. Effective...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0020 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0012 | Fail | Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "33 1/3%".
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0051 | Fail | Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to any overtime wages paid to the taxpayer during the taxable year. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1360 | Fail | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension ...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1354 | Fail | Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective imme...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1350 | Fail | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are caregivers of a veteran with a disability. Provides that the credit shall be in an amount equal to 5% of the costs incurred in caring for the veteran, not to excee...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1343 | Fail | Amends the Illinois Income Tax Act. Creates an income tax credit for an owner of an agricultural asset who sells or rents the agricultural asset to a beginning farmer. Provides that the credit shall be equal to: (1) 5% of the lesser of the sale price...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1344 | Fail | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who make a qualified donation of a crop to a food bank or other charitable organization in Illinois. Provides that the amount of the credit shall be 15% of the value of th...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1376 | Fail | 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] | 2025-01-07
Session Sine Die |
| IL | HB1372 | Fail | Amends the Property Tax Code. Adds physical therapists to the list of health care providers who may examine a claimant for the homestead exemption for persons with disabilities. Provides that the chief county assessment officer in any county may rene...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0096 | Fail | Amends the Property Tax Code. In provisions concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that, for taxable years 2024 and thereafter, the maximum income limitation is $85,000 (currently, $65,000). Effective immediate...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1394 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0140 | Fail | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0142 | Fail | Amends the Property Tax Code. Provides that buildings, structures, and improvements that are not permanently attached to the land are not considered property for the purposes of the Code. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0139 | Fail | Amends the Illinois Income Tax Act. Provides that an apprentice who is hired by the taxpayer through the United States Department of Defense SkillBridge internship program is considered a qualifying apprentice for the purpose of the apprenticeship ed...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1393 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | SB0141 | Fail | 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] | 2025-01-07
Session Sine Die |
| IL | SB0119 | Fail | Amends the Historic Preservation Tax Credit Act. Extends the sunset of the credit to December 31, 2028 (currently, December 31, 2023). Provides that, in each calendar year beginning on or after January 1, 2024 and ending on or before December 31, 202...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1407 | Fail | Amends the Film Production Services Tax Credit Act of 2008. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1411 | Fail | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction is $10,000 in all counties. Effective immediately.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1410 | Fail | Amends the Illinois Income Tax Act. Creates an income tax credit for businesses with an average of 100 or fewer full-time employees during the taxable year in an amount equal to 50% of the costs incurred by the business in offering a paid family leav...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1439 | Fail | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1427 | Fail | Amends the Property Tax Code. Provides for a non-binding, advisory referendum on the question of whether a taxing district should reduce its aggregate extension by up to 10% from its aggregate extension for the previous taxable year. Provides that th...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1428 | Fail | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjuste...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1458 | Fail | Amends the State Finance Act, the Motor Fuel Tax Law, the Emergency Telephone System Act, the Riverboat Gambling Act, and the Video Gaming Act. Provides that, in the absence of an appropriation for any State fiscal year, moneys that are required to b...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
| IL | HB1459 | Fail | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2024, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
[Detail][Text][Discuss] | 2025-01-07
Session Sine Die |
