IllinoisHB4869104th General Assembly (2025–2026)House

INC TX-LOCAL MEDIA

Sponsored By: Amy Elik (Republican)

In Committee

Summary

Amends the Illinois Income Tax Act. Provides that a qualified small business may apply to the Department of Commerce and Economic Opportunity for an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for qualified advertising with a local news organization. Provides that the credit may not exceed $2,500 per eligible taxpayer in any taxable year. Provides that the aggregate amount of all tax credits awarded by the Department under the amendatory Act in any calendar year may not exceed $3,000,000. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Amy Elik

    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

    3/27/2026House
  2. Assigned to Revenue & Finance Committee

    3/18/2026House
  3. Referred to Rules Committee

    2/6/2026House
  4. First Reading

    2/6/2026House
  5. Filed with the Clerk by Rep. Amy Elik

    2/3/2026House

Bill Text

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