IllinoisHB5470104th General Assembly (2025–2026)HouseWALLET

DCEO-VARIOUS

Sponsored By: Sponsor information unavailable

Signed by Governor

Summary

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that provisions requiring the Department of Commerce and Economic Opportunity's official website to contain a comprehensive list of State, local, and federal economic benefits available to businesses in each of the State's counties and municipalities are repealed on July 1, 2026. Provides that the following reports shall be filed on or before January 31 of each year (instead of January 1): a report on entrepreneurial assistance centers; reports on the Enterprise Zone Loan Fund and the Large Business Attraction Fund; and reports concerning cannabis social equity. Amends the Southeastern Illinois Economic Development Authority Act. Makes changes concerning the membership of the Board of the Southeastern Illinois Economic Development Authority. Amends the Illinois Income Tax Act. Extends the sunset for the apprenticeship education expense tax credit, the research and development tax credit, the angel investment tax credit, and the River Edge Redevelopment Zone tax credit. Effective immediately.

revenue & financeassignmentscommerce

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Bill Overview

Analyzed Economic Effects

6 provisions identified: 2 benefits, 1 costs, 3 mixed.

Weatherization grants need funded board

DCEO may establish a Weatherization Initiative Board, but creating it depends on an appropriation. If established, the Board approves or denies grants from the Urban Weatherization Initiative Fund. The law sets no funding amount and does not guarantee that grants will be available.

Urban areas may get development aid

The Office of Economic Equity and Empowerment may support projects to revitalize and stabilize urban areas. It may coordinate existing state programs and accept grants, loans, or appropriations for this work. Assistance depends on available funding; the law does not promise a set amount.

Women lose a state support program

The law repeals the Opportunities for At-Risk Women Act. The text does not describe its services, funding, or eligibility rules, so the effects on women who used its programs are unclear.

Water job training depends on funding

DCEO may create a program that funds groups to recruit, train, and place people in water infrastructure jobs. Competitive grants are annual and depend on available funding; the law no longer requires DCEO to create the program or award grants. The program prioritizes environmental justice and disadvantaged communities, people returning from the justice system, foster care alumni, women, and transgender people. Its placement goal is at least 300 people a year, or 25% of annual jobs created by state-financed water projects if that number is higher.

Businesses gain permits, lose benefit listings

Beginning July 1, 2026, businesses lose a state website listing state, local, and federal economic benefits. DCEO must maintain one online place for business permits and licenses. Agencies must provide forms, promptly update changes, and check the information at least once a year.

Music companies get limited tax credits

Starting in 2026, qualified music companies can receive Illinois income tax credits from a $2 million annual pool, capped at $200,000 per company. The base credit is up to 10% of Illinois labor costs for companies with payroll of $150,000 or less, or 15% for companies with higher payroll. Extra credits apply for hiring Illinois residents in designated high-poverty or high-unemployment areas (+15%), prevailing-wage costs (+7%), certain post-production sound work (+7%), and productions with a resident copyright (+10%). Only the first $100,000 of qualifying wages per Illinois resident employee each year counts, and wages must be paid in the production year. Credits cannot reduce tax below zero, can carry forward up to five years, and specified business financial details are confidential.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Doris Turner

    Democratic • Senate

  • Gregg Johnson

    Democratic • House

  • Mary Edly-Allen

    Democratic • Senate

  • Mattie Hunter

    Democratic • Senate

  • Paul Faraci

    Democratic • Senate

  • Sharon Chung

    Democratic • House

  • Yolonda Morris

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 277 • No: 37

Senate vote • 5/28/2026

Third Reading - Passed;

Yes: 59 • No: 0

Senate vote • 5/6/2026

Do Pass Commerce;

Yes: 8 • No: 0

House vote • 4/17/2026

Third Reading - Short Debate - Passed

Yes: 100 • No: 0

House vote • 4/16/2026

House Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee;

Yes: 15 • No: 0

House vote • 3/26/2026

Do Pass as Amended / Short Debate Revenue & Finance Committee;

Yes: 20 • No: 0

House vote • 3/25/2026

Motion to Suspend Rule 21 - Prevailed

Yes: 75 • No: 37

Actions Timeline

  1. Public Act . . . . . . . . . 104-0799

    8/7/2026House
  2. Effective Date August 7, 2026

    8/7/2026House
  3. Governor Approved

    8/7/2026House
  4. Sent to the Governor

    6/26/2026House
  5. Added as Alternate Co-Sponsor Sen. Mary Edly-Allen

    5/31/2026Senate
  6. Passed Both Houses

    5/28/2026House
  7. Third Reading - Passed; 059-000-000

    5/28/2026Senate
  8. Added as Alternate Chief Co-Sponsor Sen. Doris Turner

    5/27/2026Senate
  9. Rule 2-10 Third Reading Deadline Established As May 31, 2026

    5/22/2026Senate
  10. Added as Alternate Chief Co-Sponsor Sen. Mattie Hunter

    5/18/2026Senate
  11. Placed on Calendar Order of 3rd Reading May 18, 2026

    5/14/2026Senate
  12. Second Reading

    5/14/2026Senate
  13. Placed on Calendar Order of 2nd Reading May 7, 2026

    5/6/2026Senate
  14. Do Pass Commerce; 008-000-000

    5/6/2026Senate
  15. Fiscal Note Filed

    5/4/2026House
  16. Assigned to Commerce

    4/28/2026Senate
  17. Referred to Assignments

    4/21/2026Senate
  18. First Reading

    4/21/2026Senate
  19. Chief Senate Sponsor Sen. Paul Faraci

    4/21/2026Senate
  20. Placed on Calendar Order of First Reading

    4/21/2026Senate
  21. Arrive in Senate

    4/21/2026Senate
  22. Added Chief Co-Sponsor Rep. Gregg Johnson

    4/17/2026House
  23. Added Chief Co-Sponsor Rep. Sharon Chung

    4/17/2026House
  24. Third Reading - Short Debate - Passed 100-000-000

    4/17/2026House
  25. Placed on Calendar Order of 3rd Reading - Short Debate

    4/17/2026House

Bill Text

  • Engrossed

  • Enrolled

  • House Amendment 1

  • House Amendment 2

  • Introduced

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