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Neutral Bill Mar 16, 2026

INC TX-HEALTH INSURANCE CREDIT

Amends the Illinois Income Tax Act. Creates an income tax credit for a qualified employer who makes a qualified contribution toward a health reimbursement arrangement for the qualified taxpayer's employees. Provides that the amount of the credit is $400 per covered employee in the first taxable year and $200 per covered employee in the second taxable year. Effective immediately.

https://legiscan.com/IL/bill/SB3619/2025
Chris Balkema State Senator Sally Turner State Senator Cosponsor Dave Syverson State Senator Cosponsor Erica Harriss State Senator Cosponsor Neil Anderson State Senator Cosponsor Emil Jones State Senator Cosponsor Laura Murphy State Senator Cosponsor Craig Wilcox State Senator Cosponsor Adriane Johnson State Senator Cosponsor Mattie Hunter State Senator Cosponsor Cristina Castro State Senator Cosponsor Jil Tracy State Senator Cosponsor Sara Feigenholtz State Senator Cosponsor Bill Cunningham State Senator Cosponsor Javier Cervantes State Senator Cosponsor Paul Faraci State Senator Cosponsor Seth Lewis State Senator Cosponsor Mike Porfirio State Senator Cosponsor Mark Walker State Senator Cosponsor Terri Bryant State Senator Cosponsor Darby Hills State Senator Cosponsor
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