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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.
Introduced
Feb 5, 2026
Last Action
Mar 10, 2026
Session
IL 104th
Sponsors
1 primary · 7 co
Added as Co-Sponsor Sen. Mattie Hunter
Added as Chief Co-Sponsor Sen. Robert Peters
Added as Co-Sponsor Sen. Mark L. Walker
Added as Chief Co-Sponsor Sen. Graciela Guzmán
Sponsor Removed Sen. Robert Peters
Added as Co-Sponsor Sen. Adriane Johnson
Added as Co-Sponsor Sen. Karina Villa
Added as Co-Sponsor Sen. Javier L. Cervantes
Added as Co-Sponsor Sen. Rachel Ventura
Filed with Secretary by Sen. Lakesia Collins
Referred to Assignments
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Added as Co-Sponsor Sen. Mattie Hunter
Mark L. Walker
Javier L. Cervantes