Illinois Code | Chapter 35

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ILSB1328IntroAmends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to 1% of the expenses claimed by the taxpayer as a federal income tax deduction pursuant to Section 179 of the Internal Revenue Code for the tax year. Provides that t...
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2019-03-28
To Senate Assignments Committee
ILSB1341IntroAmends the Illinois Income Tax Act. Provides that, beginning on July 1, 2019, the amount transferred from the General Revenue Fund to the Local Government Distributive Fund shall be equal to 1/10 of the net revenue realized from the income tax impose...
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2019-03-28
To Senate Assignments Committee
ILSB1348IntroAmends 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...
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2019-03-28
To Senate Assignments Committee
ILSB1350IntroAmends 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...
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2019-03-28
To Senate Assignments Committee
ILSB1388IntroAmends the Illinois Income Tax Act. Creates a credit in an amount equal to the investment made by the taxpayer during the taxable year in a Qualified Opportunity Fund. Provides that no such credit may be taken for any taxable year that begins prior t...
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2019-03-28
To Senate Assignments Committee
ILSB1512IntroAmends the Illinois Income Tax Act. Provides that the credit for student assistance contributions sunsets on December 30, 2025 (instead of December 30, 2020). Provides that the credit for student-assistance contributions may not exceed $1,000 (curren...
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2019-03-28
To Senate Assignments Committee
ILSB1905IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 taxable years (currently, 5 taxable years). Makes changes concernin...
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2019-03-28
To Senate Assignments Committee
ILSB1655IntroAmends 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...
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2019-03-28
To Senate Assignments Committee
ILSB1656IntroAmends the Illinois Income Tax Act. Provides that the personal property tax replacement income tax credit for investments in qualified property applies for costs incurred on or before December 31, 2023 (currently, December 31, 2018). Effective immedi...
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2019-03-28
To Senate Assignments Committee
ILSB1824IntroAmends the Illinois Income Tax Act. Provides that, if a taxpayer who is engaged in the business of providing dry cleaning services performs those services for a charitable organization that provides or maintains clothing for inmates at a State or fed...
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2019-03-28
To Senate Assignments Committee
ILSB1563IntroAmends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2020, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Cod...
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2019-03-28
To Senate Assignments Committee
ILSB1553IntroAmends 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 ...
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2019-03-28
To Senate Assignments Committee
ILSB1556IntroAmends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on January 1, 2020, in addition to all other rates of tax imposed under the Acts, a tax of 3.75% is impos...
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2019-03-28
To Senate Assignments Committee
ILSB1906IntroAmends the Illinois Income Tax Act. Creates a credit in an amount equal to 20% of the gross wages paid by the taxpayer to a qualified youth in care in the course of that youth's sustained employment during the taxable year. Provides that the credit m...
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2019-03-28
To Senate Assignments Committee
ILSB1895IntroAmends the Property Tax Code. Provides that, for taxable year 2019 and thereafter, the maximum income limitation under the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Amends the Senior Citizens Real Estate T...
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2019-03-28
To Senate Assignments Committee
ILSB2017IntroAmends the Covering ALL KIDS Health Insurance Act. Changes the short title of the Act to the Covering ALL KIDS and Young Adults Health Insurance Act and makes conforming changes in various Acts. Changes the name of the Covering ALL KIDS Health Insura...
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2019-03-28
To Senate Assignments Committee
ILSB2049IntroAmends the Retailers' Occupation Tax Act. Provides that if a purchaser makes payment over the phone, in writing, or via the Internet, and the property is delivered to a location in this State, then the sale shall be sourced to the location where the ...
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2019-03-28
To Senate Assignments Committee
ILSB2036IntroCreates the Big Empties Site Act. Provides that property located in the State consisting of one or more PINs but under common ownership at the time of the application, that contains at least one vacant and unused building of specified square footage,...
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2019-03-28
To Senate Assignments Committee
ILSB2032IntroCreates the Illinois State Property Revitalization Tax Credit Act. Creates a credit against taxes imposed under the Illinois Income Tax Act and the Illinois Insurance Code in an amount equal to 30% of qualified expenditures incurred by a qualified ta...
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2019-03-28
To Senate Assignments Committee
ILHB3823IntroAmends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that the Department of Transportation shall create and implement a Type II Noise Suppression Program. Amends the Use Tax Act, the Service Use Tax Act, ...
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2019-03-27
To House Rules Committee
ILSB0081IntroAmends the Property Tax Code. Provides that, for assessment years following the next general assessment after the effective date of the amendatory Act, no increase in assessment may exceed 20% per year. Provides exceptions if: (1) the property is sol...
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2019-03-22
To Senate Assignments Committee
ILSB0121IntroAmends the State Finance Act to create the Community Mental Health Services Fund as a special fund in the State treasury. Provides that moneys in the Community Mental Health Services Fund shall be used to assist, support, and establish community-base...
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2019-03-22
To Senate Assignments Committee
ILSB0123IntroAmends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
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2019-03-22
To Senate Assignments Committee
ILSB0216IntroAmends the Illinois Income Tax Act. Creates an income tax credit for qualified education expenses incurred by employers on behalf of qualifying apprentices. Effective immediately.
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2019-03-22
To Senate Assignments Committee
ILSB1248IntroAmends the Property Tax Code. Provides that the county clerk shall abate 10% of the taxes imposed on qualified forest property that is part of a proposed new housing development. Provides that the owner of the property shall obtain approval from the ...
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2019-03-22
To Senate Assignments Committee
ILSB1484IntroAmends the Illinois Income Tax Act. Creates a child tax credit in an amount equal to 10% of the federal tax credit allowed under Section 24 of the federal Internal Revenue Code. Effective immediately.
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2019-03-22
To Senate Assignments Committee
ILSB1390IntroAmends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the manufacturing and assembling machinery and equipment exemption includes production related tangible personal pro...
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2019-03-22
To Senate Assignments Committee
ILSB1471IntroAmends the Illinois Income Tax Act. Provides that each eligible student is entitled to a refundable income tax credit in an amount equal to $500. Provides that, if the eligible student may be claimed as a dependent on another taxpayer's return, then ...
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2019-03-22
To Senate Assignments Committee
ILSB1432IntroAmends the Illinois Income Tax Act. Provides that a taxpayer who may claim a qualifying student as a dependent is allowed a credit of up to $2,000 for qualified tuition and fee expenses paid by the taxpayer. Provides that the term qualifying student ...
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2019-03-22
To Senate Assignments Committee
ILSB1742IntroAmends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2020, the exclusion amount shall be the applicable exclusion amount under the Internal Revenue Code. Effective immediately.
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1727IntroAmends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after July 1, 2019 or for transfers made on or after July 1, 2019. Effective immediately.
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2019-03-22
To Senate Assignments Committee
ILSB1926IntroAmends 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 application for ...
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2019-03-22
To Senate Assignments Committee
ILSB1883IntroAmends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in th...
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2019-03-22
To Senate Assignments Committee
ILSB1678IntroAmends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that products purchased by an eligible apiarist for use in producing honey bee products for sale or for providing bee pol...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1554IntroAmends the Illinois Income Tax Act. Provides a tax credit to each taxpayer who owns qualified real property located in a county in Illinois that was declared a State disaster area by the Governor due to tornadoes or flooding in 2011, 2013, 2015, 2017...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1555IntroAmends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on January 1, 2020, sales of motor fuel are exempt from taxation under the Acts. Effective immediately.
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1550IntroAmends the Illinois Income Tax Act. Provides that an amount equal to 10% of the net revenue realized from the State income tax during the preceding month shall be transferred from the General Revenue Fund to the Local Government Distributive Fund (cu...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1686IntroAmends the Use Tax Act and the Service Use Tax Act. Provides that the multistate exemption includes the return of property of an out-of-State lessor or purchaser to this State for storage, repair, or refurbishment, so long as the property is not used...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1846IntroAmends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Modifies the provisions of the Act to apply to veterans and veteran-owned businesses. Modifies a Section concerning the short title. Changes the title of the Act...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1925IntroAmends the Illinois Income Tax Act. Creates the Lincoln-Douglas Historic Tax Credit. Provides that a taxpayer is entitled to a credit of up to 25% of the qualified expenditures incurred by the taxpayer for a qualified rehabilitation of a historic str...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1632IntroAmends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2019 and later, for school districts, the "aggregate extension base" is the greater of (A) the district's last preceding aggregate extension limi...
[Detail][Text][Discuss]
2019-03-22
To Senate Assignments Committee
ILSB1676IntroAmends 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...
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2019-03-22
To Senate Assignments Committee
ILSB2141IntroAmends the Small Business Job Creation Tax Credit Act. Provides that the Act applies for a second set of incentive periods beginning on July 1, 2019. Provides that certain provisions concerning employees who had participated as worker-trainees in the...
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2019-03-22
To Senate Assignments Committee
ILSB2125IntroCreates 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 ...
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2019-03-22
To Senate Assignments Committee
ILHB3798IntroAmends the Invest in Kids Act. Provides that no credits may be awarded under the Act for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Provides that the carry-forward period for those cr...
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2019-03-12
To House Rules Committee
ILHB0200IntroAmends the Illinois Vehicle Code. Provides that the Secretary of State may issue special registration plates designated as Peace Officers Memorial Foundation of Cook County license plates to active or retired Cook County peace officers and their fami...
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2019-02-21
Tabled
ILHB2543IntroAmends the State Finance Act to create the Trauma Response Fund as a special fund in the State treasury. Amends the School Code. Requires school boards to develop a trauma response protocol that shall be implemented in response to a traumatic event a...
[Detail][Text][Discuss]
2019-02-21
Tabled
ILHB2864IntroAmends the Motor Fuel Tax Law. Creates the per-mile road usage charge pilot program. Provides that the registered owner of a motor vehicle that is approved to participate in the program shall, in lieu of the taxes imposed under the Motor Fuel Tax Law...
[Detail][Text][Discuss]
2019-02-21
Tabled
ILHB3057IntroAmends the Property Tax Code. Creates a school tax reduction homestead exemption. Provides that, for the purpose of calculating taxes levied by a school district, there shall be a reduction from the equalized assessed value of qualified homestead pro...
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2019-02-21
Tabled
ILSB2018IntroAmends the Township Code. Adds an Article that allows for discontinuance of Capital Township in Sangamon County. Provides petition and referendum requirements to discontinue the township. Provides that if the referendum for discontinuance is approved...
[Detail][Text][Discuss]
2019-02-20
To Senate Assignments Committee
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