| IL | HB4229 | Intro
25% | Amends the Property Tax Code. Provides that licensed day care facilities that are actually and exclusively used for charitable or beneficent purposes are exempt from taxation under the Code.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4242 | Intro
25% | Amends the Property Tax Code. Increases the amount of the homestead exemption for persons with disabilities from $2,000 to $4,000 beginning in tax year 2024.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4246 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction for 100% of the income of a qualified new business. Provides that the term "qualified new business' means a business that has its principal place of business in the State and first begins operat...
[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 | HB4308 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for persons with disabilities, provides that, if the person with a disability is eligible to receive disability benefits under the federal Social Security Act and has a ho...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4307 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces the rate of tax on diapers and baby wipes to 1% (currently, 6.25%). Makes various formatting changes.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4335 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2024 and thereafter, the homestead exemption for veterans with disabilities carries over to the benefit of a deceased veteran's remarried surviving spouse as long as the surviving spouse h...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4318 | Intro
25% | Amends the Property Tax Code. Provides that, within 30 days after recording of a tax deed with respect to residential property, the tax deed grantee shall pay the surplus to the previous owner of the property described in the deed. Sets forth the pro...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4354 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in taxable year 2024, no taxing district, other than a home rule unit, may levy a tax on any parcel of real property that is more than 105% of the base amount unless (i) the increase is attributa...
[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 | HB4405 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, for tax years ending on or after December 31, 2024, the credit for residential real property taxes is (i) 75% of the real property taxes paid by the taxpayer if the taxpayer is younger than 51 years ...
[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 | HB4413 | Intro
25% | Amends the Illinois Income Tax Act. Creates a credit against withholding taxes for each employer in the City of Chicago who (i) employs a covered employee at a job location in the City of Chicago in an occupation in which gratuities have customarily ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4420 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000) for all qualified property.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4424 | Intro
25% | 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] | 2024-04-05
To House Rules Committee |
| 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] | 2024-04-05
To House Rules Committee |
| IL | HB4435 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the ta...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4437 | Intro
25% | Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exe...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4438 | Intro
25% | Amends the Gas Use Tax Law. Exempts certain business enterprises from taxation under the Act. Amends the Gas Revenue Tax Act. Provides that the definition of "gross receipts" does not include consideration received from certain business enterprises. ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4457 | Intro
25% | Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4455 | Intro
25% | 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] | 2024-04-05
To House Rules Committee |
| IL | HB4464 | Intro
25% | 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] | 2024-04-05
To House Rules Committee |
| IL | HB4465 | Intro
25% | Amends the Retailers' Occupation Tax Act. In a provision concerning the rate of tax, provides that the definition "prescription and nonprescription medicine and drugs" includes cannabis or cannabis-infused products purchased from a dispensing organiz...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4463 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the maximum amount of the credit for instructional materials and supplies is $5,000 for taxable years beginning on or after January 1, 2024 (currently, $500). Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4470 | Intro
25% | Amends the Property Tax Code. Provides that certain property on which a community-integrated living arrangement is located is entitled to a reduction in its equalized assessed value in an amount equal to the product that results when the number of oc...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4496 | Intro
25% | Creates the Master Development Plan Recognition Act. Provides that certain contributions made by the State or units of local government are considered made pursuant to a master development plan within the meaning of Section 118 of the Internal Revenu...
[Detail][Text][Discuss] | 2024-04-05
To House Tax Credit and Incentives Committee |
| IL | HB4533 | Intro
25% | Amends the Retailers' Occupation Tax Act. Provides that a remote retailer making retail sales of tangible personal property and using distribution houses or other facilities that receive and route tangible personal property to a final destination is ...
[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 | HB4578 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4587 | Intro
25% | Amends the Property Tax Code. Provides that interest earned on tax collection accounts may (currently, shall) be disbursed to taxing districts in the same proportionate ratio that the district shared in the distribution of principal taxes to all unit...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4687 | Intro
25% | Amends the Public Utilities Act. Removes provisions related to the Adjustable Block Program and restores certain provisions of the Act to the form in which they existed before their amendment before both Public Act 99-906 and Public Act 102-662. Amen...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4655 | Intro
25% | Creates the Megaproject Sports and Entertainment Facility Admission Tax Act. Imposes a tax of $3 for each individual admitted to a sports and entertainment facility located on megaproject property. Contains provisions concerning the distribution of t...
[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 | HB4695 | Intro
25% | Amends the Property Tax Code. Sets forth procedures for calculating a taxing district's maximum extension if the taxing district's population has decreased when compared with the taxing district's population in the immediately preceding taxable year....
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4700 | Intro
25% | Amends the Illinois Income Tax Act. Increases the maximum amount of the education expense credit from $750 to $1,000. Effective immediately.
[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 | HB4750 | Intro
25% | Amends the Property Tax Code. Provides that the property tax bill shall include information notifying taxpayers of each exemption that is available to a specific category of taxpayer and the deadlines for applying for those exemptions. Provides that ...
[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 | HB4794 | Intro
25% | Amends the Property Tax Code. Provides that a property owner who sustains loss or damage by reason of the issuance of a tax deed is entitled to payment from the indemnity fund in the amount of the equity in the property described in the tax deed. Pro...
[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 | 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] | 2024-04-05
To House Rules Committee |
| IL | HB4871 | Intro
25% | Amends the Illinois Income Tax Act. Provides that the credit for ex-felons is renamed the credit for returning citizens. Provides that, for taxable years beginning on or after January 1, 2025, if the qualified returning citizen is employed by the tax...
[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 | HB4974 | Intro
25% | Amends the Property Tax Code. Permits attorney's fees of up to $900 to be added to the cost to redeem. Effective immediately.
[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 | HB4973 | Intro
25% | Amends the Property Tax Code. Changes the requirement for courts to enforce tax deed petitions from strict compliance with notice requirements to substantial compliance with notice requirements. Provides that the Court may enter an order requiring th...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
