Illinois - Session 104
Title: INC TX-SMALL BUSINESS CREDIT
Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.
Tracking state legislation? Support LegiList with a small contribution. Independent, ad-free, and built by one developer.
| Date | Event | Detail |
|---|---|---|
| 2025-01-17 | Introduced | Bill introduced |
| 2025-06-02 | Status | in_committee |
| 2025-06-02 | Latest Action | 6/02/2025 - Senate: |
| Bill | Title | Status |
|---|---|---|
| HB 1143 | ILLINOIS CURE ACT | in_committee |
| HB 1146 | PLASTIC BAG REDUCTION | in_committee |
| HB 1198 | GUARDIAN-ADULT W/ DISABILITIES | in_committee |
| HB 1252 | INS-MOTOR VEHICLE RATES | in_committee |
| HB 1323 | BOND AUTH-NO ROLLOVER | in_committee |
| HB 1420 | COUNTY WIND/SOLAR FACILITIES | in_committee |
| HB 1427 | ALGORITHMICS PROHIBITED-RENT | in_committee |
| HB 1775 | BLACK WALL STREET PROGRAM | in_committee |