Sign Up
SB 1271 Illinois Senate · 104th Regular Session

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.
Issues: ✗ Budget & TaxesOpposes Budget & TaxesCreates business and employee tax credits, reducing state tax revenue and weakening tax base per bill's tax credit provisions.92% confidence ✓ Labor & EmploymentSupports Labor & EmploymentCreates collective bargaining employee tax credit, incentivizing business support for union activities, directly advancing labor rights protections.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025 Last action May 30, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 28, 2025
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Seth Lewis
Seth Lewis
RRepublican
IL
24
Co
Photo of Chris Balkema
Chris Balkema
RRepublican
IL
53