Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
Amends the Illinois Income Tax Act. Creates a credit for certain small businesses in an amount equal to the lesser of (i) 10% of the property taxes paid by the qualified small business during the taxable year for eligible real property or (ii) $1,500. Effective immediately.
Introduced
Oct 29, 2025
Last Action
Mar 4, 2026
Session
IL 104th
Sponsors
1 primary · 0 co
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Martin McLaughlin
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Assigned to Revenue & Finance Committee
Martin McLaughlin