Budget & Taxes

in committee · Illinois · Senate Feb 25, 2025

SB 2547: $DOR

Makes appropriations for the ordinary and contingent expenses of the Department of Revenue for the fiscal year beginning July 1, 2025, as follows: General Funds $53,038,700; Other State Funds $1,411,072,700; Federal Funds $500,000; Total $1,464,611,400.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $1.46B for Department of Revenue operations, directly funding state tax administration and fiscal management per appropriation language.90% confidence

Sub-Topics Appropriations Revenue State Budget

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in committee · Illinois · House Apr 8, 2025

HB 1351: REDUCING BARRIERS TO START ACT

Creates the Reducing Barriers to Start Act. Beginning January 1, 2026, this State shall encourage the elimination of all first-year business fees relating to any license or registration for any new business or person establishing a new business, including home-based businesses, whose principal place of business is in this State.

Topics ✗ Budget & TaxesOpposes Budget & TaxesEliminates business registration fees, reducing state revenue and weakening fiscal management.95% confidence

Sub-Topics Business Taxes

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in committee · Illinois · House Jul 1, 2025

HB 175: $PROP TAX APP BD-TECH

HB 175 allocates $2 from the state's General Revenue Fund to the Property Tax Appeal Board. This funding is designated to cover the Board's ordinary operating costs and contingent expenses for the fiscal year beginning July 1, 2025. The bill provides financial support for the Board's functions related to property tax appeals.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $2 from General Revenue Fund to Property Tax Appeal Board for tax appeal operations, directly funding tax administration functions.90% confidence

Sub-Topics Revenue State Budget

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in committee · Illinois · House Mar 21, 2025

HB 3014: BUDGET SPENDING

Amends the State Budget Law of the Civil Administrative Code. Provides that, beginning with the budget prepared for Fiscal Year 2027, the rate of growth of appropriations from the State general funds over the preceding fiscal year appropriations from the State general funds shall not exceed the rate of growth of the Illinois economy. Provides that the rate of growth of the Illinois economy is the compound annual growth rate of the gross domestic product in the State over the preceding 10 calendar years, calculated using data reported by the United States Bureau of Economic Analysis or its successor agency before December 31 immediately preceding the beginning of the applicable fiscal year.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts annual budget growth to match economic growth, limiting state spending expansion per bill's explicit spending cap.95% confidence

Sub-Topics Appropriations Government Spending State Budget

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in committee · Illinois · Senate May 22, 2026

SB 2089: USE/OCC TX-SCHOOLS

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. In provisions concerning organizations that are operated exclusively for educational purposes, provides that the term "tax-supported public school" includes any student organization that meets both of the following: (1) enrollment in the student organization is limited to students from a particular public elementary or secondary school; and (2) the student organization is affiliated with the public elementary or secondary school but is not sponsored by the public elementary or secondary school. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax exemptions for educational student organizations, providing tax relief to support public schools under existing tax laws.85% confidence

Sub-Topics Sales Tax

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in committee · Illinois · House Jul 1, 2026

HB 1967: $DEPT REVENUE-TECH

HB 1967 appropriates $2 from the General Revenue Fund to the Department of Revenue. This funding is designated for the department's ordinary and contingent expenses for Fiscal Year 2026. The bill directly affects the Department of Revenue by providing it with these funds, and it is set to become effective on July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2 from General Revenue Fund to Department of Revenue for FY2026 expenses, directly funding department operations per bill summary.95% confidence

Sub-Topics Revenue State Budget

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in committee · Illinois · House May 14, 2026

HB 1750: INC TX-DEDUCT TIPS AND OT

Amends the Illinois Income Tax Act. Creates an income tax deduction for gratuities that are included in the taxpayer's federal adjusted gross income. Creates an income tax deduction for the amount of overtime compensation that is paid to the taxpayer during the taxable year and that is included in the taxpayer's federal adjusted gross income. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deductions for tips and overtime, reducing taxable income and providing relief to workers in service/ot roles, aligning with tax relief indicators.90% confidence

Sub-Topics Income Tax

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in committee · Illinois · Senate Feb 25, 2025

SB 2577: $PROPERTY TAX APPEAL BOARD

Makes appropriations for the ordinary and contingent expenses of the Property Tax Appeal Board for the fiscal year beginning July 1, 2025, as follows: Other State Funds $13,716,800.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates $13.7M in state funds for Property Tax Appeal Board operations, directly funding a tax administration body per budgetary appropriation.90% confidence

Sub-Topics Appropriations State Budget

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in committee · Illinois · Senate Dec 3, 2025

SB 1978: PROP TX-CIRCUIT BREAKER

Creates the Circuit Breaker Property Tax Relief Act. Provides that an individual who: (i) is domiciled in this State; (ii) is eligible for and receives either the general homestead exemption the general alternative homestead exemption; (iii) has experienced property tax bill spikes; and (iv) has an income that meets a specified income eligibility limitation is eligible for a grant of a portion of their bill spike. Provides that the maximum amount of grant to which a claimant is entitled is the one-half of the claimant's tax bill spike. Creates the Circuit Breaker Property Tax Relief Fund for the purpose of making grants to claimants. Amends the State Finance Act to make conforming changes. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief to low/middle-income homeowners with sudden tax spikes, reducing their burden under fiscal management.95% confidence

Sub-Topics Property Tax State Budget

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in committee · Illinois · House Mar 4, 2025

HB 4007: $COMPTROLLER

HB 4007 is a fiscal appropriations bill that allocates funding to the Illinois State Comptroller's office for the 2025 state fiscal year. It provides $32.4 million from the General Revenue Fund for the Comptroller's office operations, including $250,000 for the Office of Inspector General, and additional sums from other funds for court reporter payments, state lottery expenses, and salaries for elected and appointed state officials. The bill specifically funds existing state operations and salaries for over 40 state positions across departments like Human Services, Corrections, and the Illinois State Police. It does not create new programs but ensures continued funding for current administrative and personnel costs.

Topics ✓ Budget & TaxesSupports Budget & TaxesFunds Comptroller's office operations and oversight, promoting fiscal responsibility and budget management through allocated appropriations.95% confidence

Sub-Topics Audits & Accountability Revenue

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