Budget & Taxes

in committee · Illinois · House Mar 21, 2025

HB 69: PROP TX-SENIOR FREEZE

Amends the Property Tax Code. Provides that, for taxable years 2025 and thereafter, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $75,000 for all qualified property. Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts property tax exemption eligibility by lowering income limit, increasing tax burden on seniors (lower-income group).85% confidence

Sub-Topics Property Tax

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in committee · Illinois · House Feb 18, 2025

HB 3118: ESTATE TAX-REPEAL

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date of the amendatory Act or for transfers made on or after the effective date of the amendatory Act.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals estate tax, eliminating a revenue source for state budget and reducing tax burden on wealthy estates, aligning with 'oppose' indicators.95% confidence

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in committee · Illinois · House Oct 30, 2025

HR 542: ARGENTINA BAILOUT-OPPOSE

Denounces the federal government's $40 billion bailout to Argentina as a reckless misuse of taxpayer funds and a direct insult to American farmers and millions of American families struggling to afford food. Urges President Donald Trump and the United States Congress to immediately redirect these funds toward supporting American agriculture, reopening the federal government, and protecting American families' access to food.

Topics ✗ Budget & TaxesOpposes Budget & TaxesOpposes $40B Argentina bailout, demanding defunding and redirection to domestic priorities like agriculture and government operations.95% confidence

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in committee · Illinois · Senate Feb 7, 2025

SB 2389: USE/OCC TX-MULTISTATE

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois. Provides that the exemption sunsets on June 30, 2030 (currently, June 30, 2016). Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReinstates tax exemption for business purchases, reducing state tax revenue by extending a sunset date.90% confidence

Sub-Topics Procurement Sales Tax

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in committee · Illinois · House Mar 24, 2026

HB 2736: MOTOR FUEL-MARINE FUEL

Amends the Motor Fuel Tax Law. Provides that, on and after July 1, 2025, marine fuel is exempt from the tax imposed under the Act. Provides that "marine fuel" means motor fuel specially formulated to be used in the propulsion of watercraft. Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts marine fuel from motor fuel tax, reducing state revenue and weakening fiscal management under Budget & Taxes.95% confidence

Sub-Topics Sales Tax

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in committee · Illinois · Senate Feb 6, 2025

SB 1837: TIMBER BUYERS-HARVEST FEES

Amends the Timber Buyers Licensing Act. Removes language that requires a person buying timber from a timber grower to deduct from the payment to the timber grower an amount which equals 4% of the purchase price or 4% of the minimum fair market value and forward such amount to the Department of Natural Resources. Removes language that requires a timber grower who utilizes timber produced on land the timber grower owns or operates for sawing into lumber, processing, or resale to pay to the Department an amount equal to 4% of the minimum fair market value of the timber utilized during a period. Makes conforming changes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves mandatory 4% fee from timber transactions, reducing state revenue to DNR. Directly weakens budget contribution through fee elimination.90% confidence ✗ EnvironmentOpposes EnvironmentRemoves 4% fee deduction to DNRC, weakening funding for timber resource management and environmental protections.85% confidence

Sub-Topics Forestry

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in committee · Illinois · House Mar 21, 2025

HB 2702: INC TX-PASS-THROUGH ENTITIES

Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExtends pass-through entity tax election, maintaining tax breaks for business owners (often wealthy), aligning with 'oppose' indicators of tax breaks for wealthy.90% confidence

Sub-Topics Business Taxes

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in committee · Illinois · House Jan 9, 2025

HB 1160: HIGHER ED-US FLAG-FUNDING

Creates the Protect the Flag Act. Provides that an institution of higher education that, pursuant to an official policy of the institution to prohibit the display of the flag of the United States by the institution, removes, censors, takes down, prohibits, or otherwise halts display of the flag of the United States is ineligible to receive State funds for the following fiscal year until the institution reports to the General Assembly and the Board of Higher Education the complete and proper reinstatement, by the institution in its official capacity, of the flag of the United States at any and all locations on campus property from which a previously displayed flag of the United States was removed, censored, taken down, prohibited, or otherwise halted from display pursuant to an official policy of the institution to prohibit the display of the flag of the United States by the institution.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill withholds state funds from institutions prohibiting U.S. flag display, defunding entities that violate policy. Directly restricts budget allocation per fiscal management.95% confidence

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in committee · Illinois · House Mar 21, 2025

HB 16: ESTATE TAX-EXCLUSION AMOUNT

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2026, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code, including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesIncreases estate tax exclusion to federal level, reducing state tax revenue from wealthy estates and creating tax breaks for high-net-worth individuals.92% confidence

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in committee · Illinois · Senate Jul 15, 2026

SB 1828: ESTATE TAX-REPEAL

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that no tax shall be imposed under the Act for persons dying on or after the effective date or for transfers made on or after the effective date. Effective immediately.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals Illinois estate tax, eliminating revenue from high-net-worth transfers, directly reducing government tax income and aligning with tax cuts for wealthy estates.95% confidence

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