IllinoisSB3786104th General Assembly (2025–2026)Senate

DCEO-TAX CREDIT REPORT

Sponsored By: Seth Lewis (Republican)

In Committee

Summary

Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Seth Lewis

    Republican • Senate

Cosponsors

  • Chris Balkema

    Republican • Senate

  • Craig Wilcox

    Republican • Senate

  • Darby A. Hills

    Republican • Senate

  • Jason Plummer

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Jason Plummer

    6/29/2026Senate
  2. Added as Co-Sponsor Sen. Craig Wilcox

    6/25/2026Senate
  3. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  4. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  5. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  6. Added as Co-Sponsor Sen. Chris Balkema

    3/31/2026Senate
  7. Added as Co-Sponsor Sen. Darby A. Hills

    3/31/2026Senate
  8. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  9. Assigned to Revenue

    2/24/2026Senate
  10. Referred to Assignments

    2/5/2026Senate
  11. First Reading

    2/5/2026Senate
  12. Filed with Secretary by Sen. Seth Lewis

    2/5/2026Senate

Bill Text

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