IllinoisHB3117104th General Assembly (2025–2026)House

INC TX-EMINENT DOMAIN

Sponsored By: Blaine Wilhour (Republican)

In Committee

Summary

Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the capital gains realized by the taxpayer from the taking of property by eminent domain to the extent that those gains are included in the taxpayer's federal taxable income. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Blaine Wilhour

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. To Tax Policy: Other Taxes Subcommittee

    3/6/2025House
  3. Assigned to Revenue & Finance Committee

    3/4/2025House
  4. Referred to Rules Committee

    2/18/2025House
  5. First Reading

    2/18/2025House
  6. Filed with the Clerk by Rep. Blaine Wilhour

    2/6/2025House

Bill Text

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