# Illinois SB0146: INC TX-SMALL BUSINESS CREDIT

Illinois SB0146, INC TX-SMALL BUSINESS CREDIT, is a 104th General Assembly (2025–2026) Senate bill sponsored by Bill Cunningham (Democratic); status in committee, last action 2025-06-02 (Rule 3-9(a) / Re-referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB0146-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB0146
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: INC TX-SMALL BUSINESS CREDIT
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-17
- Last action: 2025-06-02, Rule 3-9(a) / Re-referred to Assignments
- Sponsor: Bill Cunningham (Democratic)
- Cosponsors: 10
- Subjects: assignments, revenue
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Bill Cunningham (Democratic), Senate
- Cosponsor: Adriane L. Johnson (Democratic), Senate
- Cosponsor: Cristina Castro (Democratic), Senate
- Cosponsor: Erica Harriss (Republican), Senate
- Cosponsor: Javier L. Cervantes (Democratic), Senate
- Cosponsor: Julie A. Morrison (Democratic), Senate
- Cosponsor: Laura Fine (Democratic), Senate
- Cosponsor: Laura M. Murphy (Democratic), Senate
- Cosponsor: Mattie Hunter (Democratic), Senate
- Cosponsor: Seth Lewis (Republican), Senate
- Cosponsor: Willie Preston (Democratic), Senate

## Actions (19)

- 2025-06-02: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2025-05-23: Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025 (Senate)
- 2025-05-09: Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025 (Senate)
- 2025-05-07: Added as Co-Sponsor Sen. Erica Harriss (Senate)
- 2025-04-11: Rule 2-10 Committee Deadline Established As May 9, 2025 (Senate)
- 2025-03-21: Rule 2-10 Committee Deadline Established As April 11, 2025 (Senate)
- 2025-03-20: Added as Co-Sponsor Sen. Laura M. Murphy (Senate)
- 2025-02-21: Added as Co-Sponsor Sen. Mattie Hunter (Senate)
- 2025-02-18: Added as Co-Sponsor Sen. Laura Fine (Senate)
- 2025-02-18: Added as Co-Sponsor Sen. Seth Lewis (Senate)
- 2025-02-13: Added as Co-Sponsor Sen. Julie A. Morrison (Senate)
- 2025-02-13: Added as Co-Sponsor Sen. Willie Preston (Senate)
- 2025-02-13: Added as Co-Sponsor Sen. Cristina Castro (Senate)
- 2025-02-11: Added as Co-Sponsor Sen. Adriane L. Johnson (Senate)
- 2025-02-11: Added as Co-Sponsor Sen. Javier L. Cervantes (Senate)
- 2025-01-28: Assigned to Revenue (Senate)
- 2025-01-17: Referred to Assignments (Senate)
- 2025-01-17: First Reading (Senate)
- 2025-01-17: Filed with Secretary by Sen. Bill Cunningham (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0146.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0146.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-SB0146-2025-2026 (as of 2026-11-01).