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Neutral Bill Mar 16, 2026

INC TX-MINIMUM WAGE

Amends the Illinois Income Tax Act. Provides that a withholding credit based on the minimum wage applies on a permanent basis (currently, the credit sunsets on December 31, 2026 for employers with 50 or fewer employees but more than 5 employees, and the credit sunsets on December 31, 2027 for employers with no more than 5 employees). Effective immediately.

https://legiscan.com/IL/bill/SB3853/2025
John Curran State Senator
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