Illinois · Senate Bill 3121 · 104th General Assembly
INC TX-GILTI AND SAFE HARBOR
- Introduced Feb 2, 2026
- In committee Feb 2, 2026
- Passed the Senate Next
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Illinois Income Tax Act. Repeals provisions concerning an addition modification related to the business interest deduction taken under specified provisions of the Internal Revenue Code. Effective immediately.
Every action
4 steps, oldest first, as the legislature records them.
- SenateFiled with Secretary by Sen. Chris Balkema
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- SenateAdded as Co-Sponsor Sen. Neil Anderson
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 1 cosponsor: 1 Republican.
-
Chris BalkemaR Primary sponsor · District 53
All 1 cosponsor
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.