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Neutral Bill Mar 16, 2026

DCEO-TAX CREDIT REPORT

Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.

https://legiscan.com/IL/bill/SB1271/2025
Bill data from LegiScan, used under CC BY 4.0.
Seth Lewis State Senator Darby Hills State Senator Cosponsor Chris Balkema State Senator Cosponsor Craig Wilcox State Senator Cosponsor
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