IllinoisSB0227104th General Assembly (2025–2026)Senate

INC TX-DATA CENTERS

Sponsored By: Lakesia Collins

In Committee

Summary

Amends the Illinois Income Tax Act. Provides that, if a taxpayer is awarded a credit by the Department of Commerce and Economic Opportunity in connection with a qualifying Illinois data center located in a qualified area or a data center developed by a minority-owned business, a women-owned business, or a business owned a person with a disability, then the taxpayer is entitled to an additional income tax credit in an amount equal to 5% of the taxpayer's investment in qualified tangible personal property used in the construction or operation of that data center. Effective immediately.

assignments

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Lakesia Collins

    Affiliation unavailable

Cosponsors

  • Elgie R. Sims, Jr.

    Affiliation unavailable

  • Napoleon Harris III

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Chief Co-Sponsor Sen. Elgie R. Sims, Jr.

    2/27/2025Senate
  2. Added as Chief Co-Sponsor Sen. Napoleon Harris III

    2/26/2025Senate
  3. Referred to Assignments

    1/22/2025Senate
  4. First Reading

    1/22/2025Senate
  5. Filed with Secretary by Sen. Lakesia Collins

    1/22/2025Senate

Bill Text

Related Bills

Back to State Legislation