IllinoisHB4089104th General Assembly (2025–2026)House

INC TX-ESTIMATED PAYMENTS

Sponsored By: Travis Weaver

In Committee

Summary

Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2026, eligible taxpayers that are not corporations are required to pay estimated tax if the amount payable as estimated tax can reasonably be expected to be more than $25,000 (currently, $1,000). Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Travis Weaver

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Rules Committee

    10/15/2025House
  2. First Reading

    10/15/2025House
  3. Filed with the Clerk by Rep. Travis Weaver

    7/24/2025House

Bill Text

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