Budget & Taxes

in committee · Illinois · House Mar 21, 2025

HB 3298: SR CITIZEN INCOME ELIGIBILITY

Amends the Senior Citizens and Persons with Disabilities Property Tax Relief Act. Changes the income eligibility levels for programs that use the income limits in the Act for eligibility determinations.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends property tax relief eligibility by adjusting income levels, expanding access for seniors/disabled, aligning with tax relief support for lower-income groups.95% confidence

Sub-Topics Property Tax

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in committee · Illinois · Senate May 22, 2026

SB 2263: INC TX-CHILD CARE

Amends the Illinois Income Tax Act. Creates a child care credit in an amount equal to 25% of the federal tax credit for each qualifying child. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates 25% child care tax credit, providing direct tax relief to qualifying families, aligning with middle-income tax relief indicators.95% confidence

Sub-Topics Tax Credits

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in committee · Illinois · Senate Jan 22, 2025

SB 221: PROP TX-CHILD CARE CENTERS

Amends the Property Tax Code. Provides that property that is donated, granted, received, or used for a licensed not-for-profit child care center is exempt.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends Property Tax Code to exempt child care centers, providing tax relief for qualifying entities per tax policy indicators.90% confidence

Sub-Topics Property Tax

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in committee · Illinois · House Mar 21, 2025

HB 1372: SMALL BUSINESS INCENTIVES

Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2026 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates 50% of state economic incentives target small businesses (≤50 employees), directing budget allocations to support small business growth and fiscal responsibility.90% confidence

Sub-Topics Business Taxes Tax Incentives Tags Economic Development Small Business

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in committee · Illinois · House Jul 1, 2025

HB 120: $E IL ECON DEV AUTH-TECH

Appropriates $2 from the General Revenue Fund to the Eastern Illinois Economic Development Authority for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2 from General Revenue Fund to Economic Development Authority, directly funding a state program via budget allocation.90% confidence

Sub-Topics Revenue

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in committee · Illinois · Senate Jul 2, 2026

SB 1927: $IHDA-MID-INCOME HOUSING GRANT

Appropriates $10,000,000 from the General Revenue Fund to the Illinois Housing Development Authority for the Illinois Middle-Income Housing Grant Pilot Program. Effective July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $10M from General Revenue to fund middle-income housing grants, directly advancing state budget allocation for housing assistance.90% confidence ✓ HousingSupports HousingAppropriates $10M for middle-income housing grants, directly funding a housing program to advance affordable housing access.95% confidence

Sub-Topics Revenue Property Development

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in committee · Illinois · House Mar 21, 2025

HB 1050: USE/OCC TAX-HEARING AIDS

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning on January 1, 2026, hearing aids are exempt from the taxes under those Acts. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts hearing aids from use taxes, providing tax relief for essential medical devices, aligning with support for tax relief measures.90% confidence

Sub-Topics Sales Tax

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in committee · Illinois · House Mar 21, 2025

HB 1202: INC TX-RECYCLING CREDIT

Amends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to 100% of the eligible recycling costs incurred by the taxpayer during the taxable year, not to exceed $1,000 per taxpayer. Provides that "eligible recycling costs" means costs associated with the collection, separation, conversion, or treatment of recyclable solid waste materials, including, but not limited to, paper, glass, and plastic.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a tax credit reducing individual tax burden for recycling costs, aligning with tax relief indicators for taxpayers.95% confidence ✓ EnvironmentSupports EnvironmentProvides tax credit for recycling costs, incentivizing waste reduction and resource conservation - directly advances environmental protection goals.90% confidence

Sub-Topics Recycling Waste Management

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in committee · Illinois · House Mar 27, 2026

HB 1789: PROP TX-SENIOR EXEMPTION

Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to improvements to the property that increased the property's fair market value in the applicable tax year.

Topics ✓ Budget & TaxesSupports Budget & TaxesCaps property tax increases for seniors at 101% of prior year, providing tax relief for fixed-income homeowners.95% confidence

Sub-Topics Property Tax

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in committee · Illinois · Senate Feb 25, 2025

SB 2554: $EXECUTIVE INSPECTOR GENERAL

Makes appropriations for the ordinary and contingent expenses of the Office of the Executive Inspector General for the fiscal year beginning July 1, 2025, as follows: General Funds $10,646,100; Other State Funds $1,610,800; Total $12,256,900.

Topics ✓ Budget & TaxesSupports Budget & TaxesFunds Office of Executive Inspector General with $12.26M, supporting fiscal oversight and budget management per appropriation language.95% confidence

Sub-Topics Audits & Accountability State Budget

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