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Neutral Bill Mar 16, 2026

INC TX-GILTI AND SAFE HARBOR

Amends the Illinois Income Tax Act. Repeals provisions concerning an addition modification related to the business interest deduction taken under specified provisions of the Internal Revenue Code. Effective immediately.

https://legiscan.com/IL/bill/HB4937/2025
Bill data from LegiScan, used under CC BY 4.0.
Amy Elik State Representative
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