Budget & Taxes

in committee · Illinois · House Mar 27, 2026

HB 5297: PROP TX-SENIOR FREEZE-INCOME

Amends the Property Tax Code. Provides that, if an applicant or a member of the applicant's household incurs qualified medical expenses in the taxable year and withdraws moneys from a tax-deferred account to pay those qualified medical expenses, then the applicant may apply to the chief county assessment officer to deduct those amounts from the applicant's household income for the purpose of determining the applicant's eligibility for the low-income senior citizens assessment freeze homestead exemption. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief for low-income seniors by allowing medical expense deductions to qualify for property tax freeze, reducing their tax burden.95% confidence

Sub-Topics Property Tax

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in committee · Illinois · Senate Feb 25, 2026

SB 4077: $FY27 SUPREME COURT

Appropriates the sum of $573,827,400, or so much thereof as may be necessary from the General Revenue Fund to the Supreme Court for operational expenses, awards, grants, permanent improvements, and probation reimbursements for the fiscal year ending June 30, 2027. Appropriates other sums for other Supreme Court projects and programs. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $573M from General Revenue Fund to fund Supreme Court operations, directly advancing state budget allocation for essential government function.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds Supreme Court operations including probation reimbursements, supporting court functions in criminal justice system.95% confidence

Sub-Topics Appropriations Revenue State Budget Courts Probation & Parole

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in committee · Illinois · House Mar 27, 2026

HB 4828: DHS-COMMUNITY HOUSING PAYMENTS

Amends the Department of Human Services Act. Provides that all housing assistance payments payable from funds appropriated to the Department of Human Services in State Fiscal Year 2027 for the purpose of providing ongoing housing assistance to long-term care residents seeking to transition to less restrictive community housing shall be structured to ensure that housing assistance recipients pay no more than 30% of their income as housing costs and may relocate to a different residence that meets applicable Department rules without losing eligibility for such housing assistance payments. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesStructures state housing assistance appropriations to cap recipient costs at 30% of income, ensuring effective fiscal management of public funds for low-income housing.90% confidence ✓ HousingSupports HousingBill mandates housing assistance recipients pay ≤30% of income for community housing transitions, directly advancing affordability for vulnerable residents per DHS Act amendment.95% confidence

Sub-Topics Affordable Housing Homelessness

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in committee · Illinois · House Jul 1, 2026

HB 5601: $CULTURAL DISTRICTS

Appropriates $150,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for grants to each State-designated cultural district in the amounts of $5,000,000 to each State-designated cultural district for the operation of the district and $5,000,000 to each State-designated cultural district for capital improvements to the district. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $150M from General Revenue Fund for cultural district grants, advancing state spending on public cultural programs.95% confidence

Sub-Topics Revenue

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in committee · Illinois · Senate May 22, 2026

SB 3765: RAILROAD MOD CREDIT

Creates the Short Line Railroad Modernization Act. Creates an income tax credit for taxpayers that incur qualified railroad expenditures or qualified new rail infrastructure expenditures. Sets forth the amount of the credit and limitations on the amount of the credit that may be awarded. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax credit for railroad expenditures, providing tax relief under Illinois Income Tax Act.90% confidence ✓ TransportationSupports TransportationProvides tax credit for railroad infrastructure investments, directly funding rail modernization under transportation infrastructure95% confidence

Sub-Topics Income Tax Tax Credits Rail

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in committee · Illinois · Senate Feb 25, 2026

SB 4075: $FY26 SUPPLEMENTAL

SB 4075 is a fiscal year 2026 supplemental appropriations bill that allocates specific state funds to various agencies and programs. It provides $2 million to the Chicago Metropolitan Agency for Planning for operational costs, $100 million to the Department of Healthcare and Family Services for rural healthcare transformation, and $10 million to the Department of Human Services for healthcare access grants to 15 clinics (including Cook County Health and Access DuPage). Additional funding includes $2.4 million for natural resources projects and $10 million for corrections electronic healthcare records. The bill directly affects state agencies, healthcare providers, and natural resource programs by authorizing specific spending from designated funds like the General Revenue Fund and Illinois Forestry Development Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $100M for rural healthcare and $10M for clinic grants, increasing public service funding under fiscal management.95% confidence ✓ HealthcareSupports HealthcareAllocates $100M for rural healthcare transformation and $10M for clinic access grants, directly funding healthcare services and improving patient access.95% confidence ✓ TransportationSupports TransportationAllocates $2M to Chicago Metropolitan Agency for Planning (transportation planning agency) for operational costs, directly funding transportation infrastructure coordination.85% confidence

Sub-Topics Appropriations Revenue

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in committee · Illinois · Senate Jul 9, 2026

SB 3872: PROP TX-FREE AND CLEAR EXEMPT

Amends the Property Tax Code. Creates the free and clear senior homestead exemption. Provides that certain homestead property that is owned and used a primary residence by a person who is 75 years of age or older and whose income does not exceed a specified income limitation is exempt from taxation under the Code.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for seniors (75+ with income limits), providing direct tax relief to lower-income homeowners, aligning with tax relief support indicator.90% confidence ✓ HousingSupports HousingBill creates property tax exemption for seniors (75+) with income limits, reducing housing costs and increasing affordability for vulnerable homeowners.95% confidence

Sub-Topics Property Tax Property Taxes Tags Seniors

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in committee · Illinois · Senate Feb 25, 2026

SB 4161: USE/OCC TX-PRESCRIPTIONS

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that prescription medicines and products classified as Class III medical devices by the United States Food and Drug Administration that are used for cancer treatment pursuant to a prescription are exempt from the taxes under the Acts. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts cancer treatment prescriptions from state taxes, providing tax relief and reducing tax revenue for this category.90% confidence ✓ HealthcareSupports HealthcareExempts cancer treatment prescriptions and Class III medical devices from taxes, reducing patient costs and improving access to essential healthcare services.95% confidence

Sub-Topics Sales Tax

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in committee · Illinois · House Feb 26, 2026

HB 5711: $FY27 COMPTROLLER

Makes appropriations from various funds to the Office of the Comptroller for its ordinary and contingent expenses in State fiscal year 2027. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes appropriations to Comptroller's office for fiscal year 2027, ensuring proper budget management and financial oversight as core fiscal operations.95% confidence

Sub-Topics Appropriations Audits & Accountability State Budget

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in committee · Illinois · Senate Jun 26, 2026

SB 3787: ESTATE TAX-EXCLUSION AMOUNT

Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2027, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code as that Section exists on the effective date of the amendatory Act, including the inflation adjustment and 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 align with federal law, reducing tax liability for larger estates and creating a tax break primarily for wealthy individuals.95% confidence

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