| 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 | HB0612 | Engross
50% | Amends the Property Tax Code. In a Section granting a homestead exemption to veterans with disabilities, provides that property that is used as a qualified residence by a veteran who was a member of the United States Armed Forces during World War II ...
[Detail][Text][Discuss] | 2024-04-24
To Senate Assignments Committee |
| IL | HB1075 | Engross
50% | Reinserts the provisions of the introduced bill with the following change: removes changes to the Property Tax Extension Limitation Law. Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
To Senate Assignments Committee |
| IL | HB1377 | Engross
50% | Amends the Property Tax Code. Creates a homestead exemption for eligible property that contains a single family residence that was built no earlier than January 1, 2021 by a municipality and was sold to a private homeowner before January 1, 2035. Pro...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 4:30 pm]
To Senate Revenue Committee |
| IL | SB1156 | Intro
25% | Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-24
Senate Floor Amendment No. 1 Assignments Refers to Revenue |
| IL | HB2232 | Engross
50% | Amends the Property Tax Code. Provides that a claim for a refund resulting from a final order of the Property Tax Appeal Board shall not be allowed unless the claim is filed within 20 years from the date the right to a refund arose; provided, however...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 4:30 pm]
To Senate Revenue Committee |
| IL | HB4125 | Engross
50% | 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] | 2024-04-24
[Hearing: May 1 @ 4:30 pm]
To Senate Revenue Committee |
| IL | HB4284 | Engross
50% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for the purpose of calculating the limiting rate for levy year 2023, the last preceding aggregate extension base for Homewood School District No. 153 in Cook Co...
[Detail][Text][Discuss] | 2024-04-24
To Senate Executive 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 | 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 | HB4600 | Intro
25% | Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Makes certain changes concerning estates that contain qualified farm property. Provides that, for the purposes of calculating the State Death Tax Credit, those estates are subject t...
[Detail][Text][Discuss] | 2024-04-24
To House Rules Committee |
| IL | HB4636 | Engross
50% | Reinserts the provisions of the introduced bill, but makes various technical changes to provisions of the introduced bill concerning the valuation of pollution control facilities. Effective immediately.
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 4:30 pm]
To Senate Revenue 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 | HB4844 | Engross
50% | Creates the First 2024 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 2:30 pm]
To Senate State Government 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
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
To House Revenue & Finance Committee |
| IL | HB5108 | Intro
25% | Amends the Tobacco Products Tax Act of 1995. Provides that remote retail sellers that meet certain sales criteria are required to collect and remit the tax under the Act. Provides that, beginning on January 1, 2025, the tax under the Act is 36% of (i...
[Detail][Text][Discuss] | 2024-04-24
To House Sales, Amusement & Other Taxes 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
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 | 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
To House Revenue & Finance Committee |
| IL | HB5412 | Engross
50% | Amends the Reimagining Energy and Vehicles in Illinois Act and the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. Provides that failure to report certain data may result in ineligibility to receive incentives and may result in revocat...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 4:30 pm]
To Senate Revenue Committee |
| IL | HB5513 | Engross
50% | Amends the Governor's Office of Management and Budget Act. Creates the Annual Comprehensive Financial Report Internal Control Unit. Provides that the ACFR Internal Control Unit may develop policies, plans, and programs to be used by the Office for th...
[Detail][Text][Discuss] | 2024-04-24
[Hearing: May 1 @ 2:30 pm]
To Senate State Government Committee |
| IL | HB5640 | Engross
50% | Amends the Statute on Statutes. Provides that whenever there is a reference in any Act to "armed forces", "armed forces of the United States", "U.S. Armed Forces", "United States Armed Forces", or "uniformed services", these terms shall be construed ...
[Detail][Text][Discuss] | 2024-04-24
To Senate Veterans Affairs Committee |
| IL | SB3592 | Engross
50% | 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] | 2024-04-24
[Hearing: May 1 @ 2:00 pm]
To House Labor & Commerce 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
To House Revenue & Finance Committee |
| IL | SB3695 | Intro
25% | Creates the Compassionate Use and Research of Entheogens Act. Establishes the Illinois Psilocybin Advisory Board within the Department of Financial and Professional Regulation for the purpose of advising and making recommendations to the Department r...
[Detail][Text][Discuss] | 2024-04-24
To Senate Executive 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
To House Revenue & Finance 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] | 2024-04-23
To Senate Revenue Committee |
| IL | SB3699 | Intro
25% | Amends the State Finance Act. In provisions concerning the State Aviation Program Fund, provides that grant moneys in excess of $30,000,000 shall be distributed by the Department of Transportation to airports for capital development purposes for proj...
[Detail][Text][Discuss] | 2024-04-23
To Senate Revenue Committee |
| IL | HB0611 | Intro
25% | Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1274 | Intro
25% | 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] | 2024-04-19
To House Rules Committee |
| IL | SB0172 | Intro
25% | 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] | 2024-04-19
To Senate Assignments Committee |
| IL | HB1703 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1701 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1708 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1700 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1709 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1711 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1710 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1705 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1707 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1704 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1706 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1702 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | SB0807 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
Rule 2-10 Third Reading Deadline Established As May 3, 2024 |
| IL | SB0808 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2024-04-19
Rule 2-10 Third Reading Deadline Established As May 3, 2024 |
| IL | HB3704 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, if a dependent of the taxpayer is included in the PUNS database maintained by the Department of Human Services during the taxable year, then the taxpayer is entitled to a refundable income tax credit...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4244 | Intro
25% | Amends the Property Tax Code. In provisions concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that the term "household" does not include an exempt family member who uses the residence as his or her principal pl...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4568 | Intro
25% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a levy authorized for contributions to a Firefighters' Pension Fund for a municipality with a population of 500,000 or less is not considered a new rate. Effecti...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
