| IL | SB1492 | Intro
25% | Amends the State Finance Act. Creates the Financially Distressed Cities Fund. Amends the State Revenue Sharing Act and the Illinois Income Tax Act. Provides that the Comptroller shall monthly transfer to the Financially Distressed Cities Fund an amou...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1496 | Intro
25% | Amends the Illinois Income Tax Act. Provides that an individual taxpayer who (i) provides behind-the-wheel commercial driving instruction for at least 160 hours during the taxable year to an individual who holds a commercial learner's permit, (ii) ac...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1610 | Intro
25% | Amends the Use Tax Act, the Retailers' Occupation Tax Act, and the State Finance Act. Provides for a sales tax holiday on school supplies from August 5, 2023 through August 14, 2023. Effective immediately.
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1642 | Intro
25% | Amends the Property Tax Code. Creates a homestead exemption in the amount of a reduction of $5,000 from the equalized assessed value of property of police officers and firefighters with duty-related disabilities. Effective immediately.
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1533 | Intro
25% | 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] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1836 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for individual taxpayers who rent a dwelling in Illinois for use as their principal place of residence. Provides that the credit shall be equal to 5% of the documented rental costs paid...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1950 | Intro
25% | Amends the Cigarette Tax Act and the Cigarette Use Tax Act. Provides that a licensed retailer or an agent or employee of a licensed retailer is guilty of a Class 4 felony for knowingly violating provisions concerning the sale of loose cigarettes (cur...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1862 | Intro
25% | 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] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1903 | 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] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1841 | Intro
25% | Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, with respect to the sale of a manufactured home, if the purchase is the first purchase of the manufactured home for use as a dwelling and the purchaser certifies that the ma...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2036 | Intro
25% | Amends the Tobacco Products Tax Act of 1995. Provides that, beginning January 1, 2024, the tax per cigar sold or otherwise disposed of shall not exceed $0.50 per cigar, excluding little cigars. Provides that distributors are allowed a discount in the...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1725 | Intro
25% | Amends the Property Tax Code. Creates a middle-class tax credit limited to a reduction in the equalized assessed value of homestead property owned by a middle-class taxpayer of 5% of the equalized assessed value of the property for the current assess...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1906 | Intro
25% | Amends the Illinois Income Tax Act. Provides that, when calculating the taxpayer's base income, the taxpayer's federal adjusted gross income shall be modified to exclude (i) the portion of income or loss that is received from a trade or business cond...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1809 | Intro
25% | 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] | 2023-03-10
To Senate Assignments Committee |
| IL | SB1797 | Intro
25% | Amends various Acts by replacing the terms "day care", "daycare", and "day-care", in relation to the care of a child, with the term "child care".
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2074 | Intro
25% | Amends the Property Tax Code. Provides that a school district, a unit of local government, a municipality, county, township, fire protection district, or any special district within the county of DuPage may perform special assessments upon any other ...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2127 | Intro
25% | Creates the Illinois Clean Elections Act. Establishes a voluntary method of public financing of the campaigns of candidates for statewide constitutional offices and the General Assembly. Amends the State Finance Act to create the Illinois Clean Elect...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2282 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from ...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2196 | Intro
25% | Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the deductions and credits that were disallowed under Section 280E of the Internal Revenue Code for the taxable year. Amends the Civic Center Code, the Flood Prevention Dis...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2318 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in taxable year 2024, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in th...
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB2188 | 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 prescription medicines and medical devices are exempt from the taxes under those Acts. Effective July 1, 2023.
[Detail][Text][Discuss] | 2023-03-10
To Senate Assignments Committee |
| IL | SB0344 | Intro
25% | Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to $500 for individuals who serve as volunteer emergency workers for at least 9 months during the taxable year and do not receive compensation of more than $10,000 du...
[Detail][Text][Discuss] | 2023-03-08
To Senate Assignments Committee |
| IL | SB2446 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-16
To Senate Assignments Committee |
| IL | SB2166 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB2330 | Intro
25% | Amends the Illinois Income Tax Act. Provides that no carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2021 and ending prior to December 31, 2023 (currently, December 31, 2024). Effective immediately.
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB2219 | Intro
25% | Creates the Community Revitalization Zone Act. Provides that a county or municipality may designate an area within its jurisdiction as a community redevelopment zone, subject to the certification of the Department of Commerce and Economic Opportunity...
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB2203 | Intro
25% | Amends the State Mandates Act. Provides that any State mandate regarding any subject matter enacted on or after the effective date of the amendatory Act that necessitates additional expenditures from local government revenues shall be void and unenfo...
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB2275 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB2169 | Intro
25% | Amends the Hotel Operators' Occupation Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-10
To Senate Assignments Committee |
| IL | SB1901 | Intro
25% | Amends the Illinois Income Tax Act and the Retailers' Occupation Tax Act. Eliminates the bulk sales notice requirement if the only asset sold or transferred is real estate. Effective immediately.
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB1902 | Intro
25% | Amends the Property Tax Code. Allows for an abatement of taxes if the property is included in a new residential construction development that is located in a county with fewer than 300,000 inhabitants. Effective immediately.
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB1905 | Intro
25% | Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that "redevelopment project costs" include the costs of demolishing buildings, site preparation, or site improvements of a dilapidated or vacant parcel zon...
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB1904 | Intro
25% | Creates the Job Creation Zone Pilot Program Act. Sets forth the boundaries of the job creation zone. Provides that applicants that pledge to hire at least 5 new employees at a designated location within the job creation zone are eligible for credits ...
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB1853 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB2098 | Intro
25% | Amends the Film Production Services Tax Credit Act of 2008. Provides that "accredited production" also includes productions in which only post production activities occur in Illinois. Provides that an accredited animated production also includes a pr...
[Detail][Text][Discuss] | 2023-02-09
To Senate Assignments Committee |
| IL | SB1584 | Intro
25% | Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engag...
[Detail][Text][Discuss] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1535 | Intro
25% | Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Illinois Estate and Generation-Skipping Transfer...
[Detail][Text][Discuss] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1593 | 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] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1539 | Intro
25% | Amends the Hotel Operators' Occupation Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1531 | Intro
25% | Amends the Film Production Services Tax Credit Act of 2008. Provides that, for an accredited production that commences on or after July 1, 2023, the credit includes the sum of the following: 30% of the Illinois production spending for the taxable yea...
[Detail][Text][Discuss] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1658 | Intro
25% | Amends the Economic Development for a Growing Economy Tax Credit Act. Removes provisions concerning conditions that the Business Investment Committee shall determine exist in order for the Committee to make its recommendation that an Applicant's appl...
[Detail][Text][Discuss] | 2023-02-08
To Senate Assignments Committee |
| IL | SB1347 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-06
To Senate Assignments Committee |
| IL | SB1442 | Intro
25% | Amends the Hotel Operators' Occupation Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-06
To Senate Assignments Committee |
| IL | SB1254 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-03
To Senate Assignments Committee |
| IL | SB1257 | Intro
25% | Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "33 1/3%".
[Detail][Text][Discuss] | 2023-02-03
To Senate Assignments Committee |
| IL | SB0336 | Intro
25% | Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss] | 2023-02-02
To Senate Assignments Committee |
| IL | SB1245 | Intro
25% | Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.
[Detail][Text][Discuss] | 2023-02-02
To Senate Assignments Committee |
| IL | SB1237 | Intro
25% | 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] | 2023-02-02
To Senate Assignments Committee |
| IL | SB1244 | Intro
25% | Amends the Pyrotechnic Use Act. Provides that the provision prohibiting the sale and use of fireworks does not apply to D.O.T. Class C common fireworks. Provides that D.O.T. Class C common fireworks may only be purchased by individuals over the age o...
[Detail][Text][Discuss] | 2023-02-02
To Senate Assignments Committee |
| IL | SB0196 | Intro
25% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by ...
[Detail][Text][Discuss] | 2023-01-31
To Senate Assignments Committee |
