DCEO-TAX CREDIT REPORT
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2026
Last action Jun 29, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
1
Committee
4
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Feb 24, 2026
Committee
Assigned to Revenue
upper
Feb 5, 2026
Committee
Referred to Assignments
upper
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Seth Lewis
RRepublican
Co
Chris Balkema
RRepublican
Co
Craig Wilcox
RRepublican
Co
Darby Hills
RRepublican
Co
Jason Plummer
RRepublican
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