| 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 | HB4573 | 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 | 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 | 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] | 2024-04-05
To Senate Revenue 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] | 2024-04-05
To Senate Revenue Committee |
| IL | SB2953 | Intro
25% | 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] | 2024-04-05
To Senate Revenue Committee |
| IL | SB2954 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that the term "veteran" also includes a veteran who has received a medical discharge.
[Detail][Text][Discuss] | 2024-04-05
To Senate Revenue Committee |
| IL | SB2974 | Intro
25% | 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] | 2024-04-05
To Senate Revenue 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 | 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 | 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 | 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] | 2024-04-05
To Senate Revenue Committee |
| 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] | 2024-04-05
To Senate Revenue 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] | 2024-04-05
To Senate Revenue 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 | SB3150 | 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 Senate Revenue 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 | SB3152 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax deduction for an amount of up to $50,000 per tax year contributed to a small business asset purchase account and all interest earned on such accounts during the tax year. Provides that a "smal...
[Detail][Text][Discuss] | 2024-04-05
To Senate Revenue 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 | 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 | 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 | 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 | SB3326 | Intro
25% | Amends the Property Tax Code. Provides that, in counties with fewer than 3,000,000 inhabitants, the amount in the indemnity fund shall not be less than 0.03% of the total equalized assessed valuation of the property in the county or $25,000 (currentl...
[Detail][Text][Discuss] | 2024-04-05
To Senate Revenue 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 |
| IL | HB4965 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the tax on school supplies under those Acts is imposed at the rate of 1.25%. Makes changes concerning the distributi...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5035 | Intro
25% | Amends the Property Tax Code. Creates a reduction in assessed value for property that contains a residential structure that is leased to at least one individual who participates in a qualifying income-based rental subsidy program. Provides that the r...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5015 | Intro
25% | Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a megaproject. Provides that a "megaproject" is a project with respect to which a company makes a specified investment during a s...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5026 | Intro
25% | Amends the Property Tax Code. Provides that, for the purposes of assessment, property registered in perpetuity with the register of areas under the Illinois Natural Areas Preservation Act is considered to be encumbered by a public easement and shall ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5096 | Intro
25% | Amends the Property Tax Code. Provides that, in the case of a veteran with a disability who dies on or after the effective date of the amendatory Act, the exemption for veterans with a disability carries over to the benefit of a surviving immediate f...
[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 | HB5144 | Intro
25% | Amends the Hotel Operators' Occupation Tax Act. Provides that re-renters of hotel rooms who meet certain criteria related to gross receipts or number of transactions are required to collect and remit the tax under the Act. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Sales, Amusement & Other Taxes 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 | HB5136 | Intro
25% | Amends the Property Tax Code. Provides that the court shall declare the sale of a property under the Property Tax Code to be a sale in error if the improvements upon the property sold have been rendered unfit for occupancy subsequent to the tax sale ...
[Detail][Text][Discuss] | 2024-04-05
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] | 2024-04-05
To Senate Revenue 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 | HB5225 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, after certain deposits have been made, 0.25% of the remainder of the proceeds shall be deposited into the Partners ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5185 | Intro
25% | Amends the Property Tax Code. Makes changes concerning the list of delinquent taxes. Rquires the sheriff, on or before May 15 of each year, to present the delinquent lists to the county treasurer or county collector for examination. Effective immedia...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB5193 | Intro
25% | Amends the Illinois Income Tax Act. Reduces the rate of tax on individuals, trusts, and estates from 4.95% to 3.99% for taxable years beginning on or after January 1, 2025. Effective immediately.
[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 | HB5183 | Intro
25% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a taxing district grants a property tax abatement for a defined period of time measured in levy years, then, for the first levy year after the expiration of ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
