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SB 1271

Illinois Senate bill in Session 104.

Status: in_committee. Latest action: January 28, 2025.

DCEO-TAX CREDIT REPORT.

Bill ID IL-104-SB-1271
Session 104
Status in_committee
Committee Assignments
Senate in_committee 2025-01-28
Labor / Employment Tax / Budget / Appropriations
Summary

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.

Sponsor
Seth Lewis
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-28 Introduced Bill introduced
2025-01-28 Status in_committee
2025-01-28 Latest Action 1/28/2025 - Senate:
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