Budget & Taxes

in committee · Illinois · House Mar 21, 2025

HB 1725: INC TX-LOCAL MEDIA

Amends the Illinois Income Tax Act. Provides that a qualified small business may apply to the Department of Commerce and Economic Opportunity for an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for qualified advertising with a local news organization. Provides that the credit may not exceed $2,500 per eligible taxpayer in any taxable year. Provides that the aggregate amount of all tax credits awarded by the Department under the amendatory Act in any calendar year may not exceed $3,000,000. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit for small businesses advertising with local news, reducing taxable income and providing tax relief.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Illinois · Senate Mar 7, 2025

SB 1468: TOWNSHIP CD-PUBLIC SAFETY LEVY

Amends the Township Code. Authorizes funds generated through a levy on property located in a special police district in an unincorporated area of a township in a county with a population of 1,000,000 or more inhabitants to be used to provide for public safety in unincorporated areas of the township. Prohibits the levied funds from being used to pay for (i) any portion of a school resource officer's wages or to facilitate any agreement with any law enforcement agency to hire a school resource officer or (ii) any portion of a red light camera, speed camera, or automated license plate reader. Defines "public safety" and "resource officer". Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes property levy to fund public safety in unincorporated areas, increasing tax revenue for essential services without restricting existing funding.95% confidence

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in committee · Illinois · Senate Apr 23, 2026

SB 1646: INC TX-EARLY CHILDHOOD

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are employed as an early childhood teacher or an early childhood assistant during the taxable year and who have a federal adjusted gross income for the taxable year of $75,000 or less. Provides that, for taxable years beginning on January 1, 2026 and beginning before January 1, 2027, the amount of the credit is $1,000. Provides that, for subsequent taxable years, the credit amount shall be adjusted by the percentage increase, if any, in the Consumer Price Index for the preceding calendar year.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit ($1,000) for early childhood teachers/assistants with AGI ≤$75k, providing targeted tax relief to lower-income educators and supporting public education funding.92% confidence ✓ EducationSupports EducationProvides $1,000 income tax credit for early childhood teachers with AGI ≤$75k, directly supporting educator compensation and retention in K-12 education.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides $1,000 income tax credit for early childhood educators with AGI ≤$75k, increasing disposable income and supporting workforce retention in this labor sector.90% confidence

Sub-Topics Tax Credits Teachers

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in committee · Illinois · House Mar 21, 2025

HB 1212: INC TX-TOURISM CREDIT

Amends the Illinois Income Tax Act. Creates a credit in an amount equal to the eligible expenses incurred for engaging in qualified tourism activities by the taxpayer during the taxable year. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing taxable income for tourism expenses, directly providing tax relief under Illinois Income Tax Act.90% confidence

Sub-Topics Income Tax

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in committee · Illinois · House May 20, 2025

HB 3419: INC TX-DIESEL CREDIT

Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer that manufactures renewable diesel in Illinois for use by a rail carrier. Provides that the amount of the credit is $1 per gallon of renewable diesel that is manufactured by the taxpayer in the State for use by a rail carrier. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates $1/gallon tax credit for renewable diesel manufacturers, providing targeted tax relief to incentivize green energy production and support industry growth.90% confidence ✓ EnergySupports EnergyCreates $1/gal tax credit for renewable diesel manufacturing, directly promoting renewable energy production and infrastructure development.95% confidence ✓ EnvironmentSupports EnvironmentCreates $1/gallon tax credit for renewable diesel manufacturing, promoting cleaner rail fuel and reducing emissions per bill summary.90% confidence ✓ TransportationSupports TransportationBill creates tax credit for renewable diesel manufacturing for rail carriers, promoting sustainable transportation fuel use in rail sector per topic description.95% confidence

Sub-Topics Rail

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in committee · Illinois · Senate Feb 6, 2025

SR 103: FED FUNDING-NEEDY COMMUNITIES

Urges the President of the United States and Congress to ensure they will not to cut, impound, or reduce funding for the neediest communities in Illinois and across the United States and to fully comply with the congressional intent behind federally appropriated funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly urges no cuts to federal funding for neediest communities, protecting existing appropriations and aligning with fiscal responsibility for essential services.95% confidence ✓ EducationSupports EducationBill explicitly urges against cutting federal funding for neediest communities, directly protecting K-12 school funding and educational resources in disadvantaged areas.95% confidence ✓ HealthcareSupports HealthcarePrevents defunding of neediest communities' healthcare programs by urging no cuts to federal funds for health-related community services.95% confidence

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in committee · Illinois · House Jul 1, 2025

HB 160: $LAW ENFORCEMENT BD-TECH

Appropriates $2 from the General Revenue Fund to the Law Enforcement Training Standards Board for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2 from General Revenue Fund for Law Enforcement Training Board, providing direct budgetary support for state operations.95% confidence

Sub-Topics Revenue

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in committee · Illinois · Senate Feb 25, 2025

SB 2580: $SERS

Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System for the fiscal year beginning July 1, 2025, as follows: General Funds $1,974,735,420.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $1.97B from General Funds to fund state employees' retirement system expenses, directly supporting public sector pension program funding.95% confidence

Sub-Topics Pensions State Budget

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in committee · Illinois · House Feb 25, 2025

HB 3934: $DOI

Makes appropriations for the ordinary and contingent expenses of the Department of Insurance for the fiscal year beginning July 1, 2025, as follows: Other State Funds $123,750,000; Total $123,750,000.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $123,750,000 in appropriations for Department of Insurance operations, directly funding a state agency.90% confidence

Sub-Topics State Budget

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in committee · Illinois · House Jul 1, 2025

HB 90: $CEI-TECH

Appropriates $2 from the General Revenue Fund to the Commission on Equity and Inclusion for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2 from General Revenue Fund to Commission on Equity and Inclusion for FY26 expenses, funding a public program per budget allocation.90% confidence

Sub-Topics Revenue

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