Illinois - Session 104
Title: 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.
| Date | Event | Detail |
|---|---|---|
| 2026-02-05 | Introduced | Bill introduced |
| 2026-02-17 | Status | in_committee |
| 2026-02-17 | Latest Action | 2/17/2026 - Senate: |