| IL | SB3209 | Engross
50% | Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes. E...
[Detail][Text][Discuss] | 2024-04-25
To House Revenue & Finance Committee |
| IL | SB3567 | Engross
50% | Amends the Truth in Taxation Law in the Property Tax Code. In provisions concerning Truth in Taxation notices, provides that the notice shall be conspicuously posted (currently, posted) on the taxing district's homepage or on a page accessible throug...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB3679 | Engross
50% | Creates the Business Improvement District Law. Provides for the establishment of business improvement districts by a municipality by ordinance after petition by property owners, creation of a district plan, notice, and hearings. Provides that a busin...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB2906 | Engross
50% | Amends the Home Rule County Use Tax Law of the Counties Code. Provides that, if a home rule county imposes a home rule county use tax, then the tax shall be collected by the Department of Revenue when the property is purchased at retail from a retail...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3475 | Engross
50% | Amends the Hotel Operators' Occupation Tax Act. Makes changes concerning the distribution of proceeds under the Act. Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB3452 | Engross
50% | Amends the Cigarette Tax Act, the Cigarette Use Tax Act, the Tobacco Products Tax Act of 1995, and the Cannabis Regulation and Tax Act. In provisions concerning administrative hearings regarding the seizure of certain contraband products, provides th...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB3476 | Engross
50% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that home-delivered meals provided to Medicare or Medicaid recipients when payment is made by an intermediary pursuant to...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3755 | Engross
50% | Amends the Property Tax Code. Provides that the notice of the transfer of property that is exempt for orphanage, school, or religious purposes shall be filed with the county clerk (currently, the county recorder). Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB3282 | Engross
50% | Amends the Retailers' Occupation Tax Act. Requires each holder of a Direct Pay Permit to review its purchase activity by January 31 and July 31 of each year to verify that the purchases made in the preceding 6-month period were sourced correctly and ...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB2859 | Engross
50% | Amends the Property Tax Code. Provides that regional wastewater facilities shall be valued at 33 1/3% of the fair cash value of the facility, with consideration given to the probable net value that could be realized by the owner if the facility were ...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB2911 | Engross
50% | Amends the Property Tax Code. Reinserts the provisions of the introduced bill. Provides that the tax incentivized development must be established by an intergovernmental agreement to which the taxing district is a party. Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3155 | Engross
50% | Amends the Illinois Income Tax Act. In provisions requiring a claimant or claimants to repay certain amounts received under the angel investment tax credit if a qualified new business venture fails to maintain its minimum employment threshold, provid...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3455 | Engross
50% | Reinserts the provisions of the introduced bill. Provides that the Department of Revenue may determine the scope of the historical data necessary to complete the study, but in no event shall the scope or time period be less than the 10 most recent ta...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB2703 | Engross
50% | Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax ...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3563 | Engross
50% | Amends the Illinois Local Library Act. Provides that the bond of a library treasurer or custodian of the moneys paid over to a library board shall not be less than 10% (rather than 50%) of the total funds received by the library in the last fiscal ye...
[Detail][Text][Discuss] | 2024-04-24
To House Revenue & Finance Committee |
| IL | SB3275 | Engross
50% | Amends the Real Estate Transfer Tax Law in the Property Tax Code. Provides that paper revenue stamps shall be phased out by December 31, 2025. Requires counties to issue electronic revenue stamps or alternative indicia thereafter. Effective immediate...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB3617 | Engross
50% | Reinserts the provisions of the introduced bill with changes. Provides that no financial institution is required to enter into a data match agreement with the Department of Revenue. Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB2936 | Engross
50% | Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwe...
[Detail][Text][Discuss] | 2024-04-18
To House Revenue & Finance Committee |
| IL | HR0024 | Intro
25% | States the belief that the Illinois Income Tax Act should not be amended to permit taxing retirement income.
[Detail][Text][Discuss] | 2024-04-18
To House Revenue & Finance Committee |
| IL | SB3426 | Engross
50% | Amends the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning the exemption for materials, parts, equipment, components, and furnishings incorporated into or upon an aircraft. Amends t...
[Detail][Text][Discuss] | 2024-04-15
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB2878 | Engross
50% | Amends the Property Tax Code. In provisions concerning the senior citizens homestead exemption, permanently removes the requirement to reapply for the exemption in counties with 3,000,000 or more inhabitants (currently, that requirement was eliminate...
[Detail][Text][Discuss] | 2024-04-15
To House Revenue & Finance Committee |
| IL | SB0317 | Engross
50% | Amends the Property Tax Code. In provisions concerning delinquencies by lessees of property owned by a taxing district, provides that such a delinquency occurs 60 days after the final (currently, second) installment due date. Provides that those prov...
[Detail][Text][Discuss] | 2024-04-15
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
| IL | SB2832 | Engross
50% | 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] | 2024-04-15
To House Revenue & Finance Committee |
| IL | SB2704 | Engross
50% | Reinserts the provisions of the introduced bill. Provides that, if a taxpayer is a volunteer member of a county or municipal emergency services and disaster agency, then the taxpayer must serve as a volunteer emergency worker for at least 100 hours d...
[Detail][Text][Discuss] | 2024-04-15
To House Revenue & Finance Committee |
| IL | SB3362 | Engross
50% | Amends the Retailers' Occupation Tax Act. Provides that a retailer that makes retail sales of tangible personal property to Illinois customers from a location or locations outside of Illinois is engaged in the occupation of selling at retail in Illin...
[Detail][Text][Discuss] | 2024-04-15
[Hearing: May 2 @ 10:30 am]
To House Revenue & Finance Committee |
