SB 3773

Illinois Senate bill in Session 104.

Status: in_committee. Latest action: February 5, 2026.

REVENUE-COMMUNITY DEVELOP.

Bill ID IL-104-SB-3773
Session 104
Status in_committee
Committee Assignments
Senate in_committee 2026-02-05
Summary

Creates the Community Revitalization Zone Act. Provides that a county or municipality may designate an area within its jurisdiction as a community redevelopment zone, subject to the certification of the Department of Commerce and Economic Opportunity. Sets forth the criteria for designation as a community redevelopment zone. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, with respect to tangible personal property that is purchased from a retailer located in a community revitalization zone, the taxes under those Acts are imposed at the rate of 3.25%. Effective immediately.

Sponsor
Willie Preston
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-05 Introduced Bill introduced
2026-02-05 Status in_committee
2026-02-05 Latest Action 2/05/2026 - Senate:
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