| 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 | 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 | 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] | 2024-04-24
To House Revenue & Finance 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 | 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 | 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 | 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 | 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
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 | SB2936 | Engross
50% | 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] | 2024-04-18
To House Revenue & Finance Committee |
| IL | SB0317 | Engross
50% | Amends the Property Tax Code. In provisions concerning delinquencies by lessees of property owned by a taxing district, provides that such a delinquency occurs 60 days after the final (currently, second) installment due date. Provides that those prov...
[Detail][Text][Discuss] | 2024-04-15
To House Revenue & Finance Committee |
| IL | SB2704 | Engross
50% | Reinserts the provisions of the introduced bill. Provides that, if a taxpayer is a volunteer member of a county or municipal emergency services and disaster agency, then the taxpayer must serve as a volunteer emergency worker for at least 100 hours d...
[Detail][Text][Discuss] | 2024-04-15
To House Revenue & Finance Committee |
| IL | SB2832 | Engross
50% | Amends the Property Tax Code. Provides that no interest or penalties shall be imposed with respect to property that is included in a decedent's probate estate at the time of a delinquency if the representative of the decedent's estate applies with th...
[Detail][Text][Discuss] | 2024-04-15
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] | 2024-04-15
To House Rules Committee |
| IL | SB2878 | Engross
50% | 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] | 2024-04-15
To House Revenue & Finance 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] | 2024-04-15
To House Rules Committee |
| IL | SB3362 | Engross
50% | Amends the Retailers' Occupation Tax Act. Provides that a retailer that makes retail sales of tangible personal property to Illinois customers from a location or locations outside of Illinois is engaged in the occupation of selling at retail in Illin...
[Detail][Text][Discuss] | 2024-04-15
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] | 2024-04-15
To House Rules Committee |
| IL | SB3426 | Engross
50% | Amends the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning the exemption for materials, parts, equipment, components, and furnishings incorporated into or upon an aircraft. Amends t...
[Detail][Text][Discuss] | 2024-04-15
To House Revenue & Finance 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] | 2024-04-15
To House Rules Committee |
| IL | SB2213 | Engross
50% | Reinserts the provisions of the bill as amended by Senate Amendment No. 1 with the following changes. Defines "online booking platform". Provides that the purchase price shall not include any charges added to the purchase price by an operator to comp...
[Detail][Text][Discuss] | 2024-03-20
House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee |
| IL | SB2315 | 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] | 2024-03-14
To Senate Assignments Committee |
| IL | SB0139 | Engross
50% | 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] | 2024-03-06
To House Rules Committee |
| IL | SB0805 | Engross
50% | 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] | 2023-12-10
To Senate Assignments Committee |
| IL | SB2287 | 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] | 2023-12-08
To House Rules Committee |
| IL | SB1147 | Engross
50% | Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" does not include certain distributions to retired partners or shareholders under a retirement or d...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
| IL | SB1534 | Engross
50% | Amends the Property Tax Code. Provides that, if a veteran with a surviving spouse dies while an application for a veteran's homestead exemption is being reviewed, the review of that application shall continue, and any subsequent approval granted to t...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
| IL | SB1880 | Engross
50% | Amends the Illinois Income Tax Act. Makes changes to the definition of investment partnership to provide that a dealer in qualifying investment securities may be considered an investment partnership. Allows a partnership interest to be considered a q...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
| IL | SB1850 | Engross
50% | Amends the Cigarette Tax Act. Makes changes concerning the distribution of moneys collected pursuant to (i) the Cigarette Tax Act, (ii) the Cigarette Use Tax Act, and (iii) the tax imposed on little cigars under the Tobacco Products Tax Act of 1995. ...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
| IL | SB2277 | Engross
50% | Amends the Property Tax Code. Provides that the interest penalty for the delinquent payment of taxes shall be waived if the county treasurer determines that: (i) the delinquency occurred because the subject tax bill was mailed to an incorrect address...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
| IL | SB2356 | Engross
50% | Reinserts the provisions of the introduced bill with changes. Provides that the valuation under the introduced bill applies only to the qualifying wastewater facility itself and not to the land on which the facility is located. Further amends the Pro...
[Detail][Text][Discuss] | 2023-04-28
To House Rules Committee |
