REVENUE-CREDITS-DEDUCTIONS
Summary
Amends the Enterprise Zone Act. Provides that certain credits related to high impact businesses do not apply on or after the effective date of the amendatory Act. Amends the Illinois Income Tax Act. Provides that a construction jobs credit does not apply for taxable years ending on or after the effective date of the amendatory Act. Provides that a high impact business construction jobs credit does not apply for taxable years ending on or after the effective date of the amendatory Act. Makes changes concerning the business interest deduction. Creates an addition modification for the federal deduction for domestic research or experimental expenditures. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning incentives for biodiesel, renewable diesel, and biodiesel blends. Makes other changes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2026
Last action May 12, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
16
Key actions
0
Committee
1
Feb 5, 2026
Committee
Referred to Assignments
upper
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lakesia Collins
DDemocratic
Co
Dave Koehler
DDemocratic
Co
Emil Jones
DDemocratic
Co
GG
Graciela Guzmán
DDemocratic
Co
Javier Cervantes
DDemocratic
Co
Karina Villa
DDemocratic
Co
Mark Walker
DDemocratic
Co
Mattie Hunter
DDemocratic
Co
Mike Simmons-Gessesse
DDemocratic
Co
Rachel Ventura
DDemocratic
Co
Willie Preston
DDemocratic
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