HB4937 - 104th General Assembly

INC TX-GILTI AND SAFE HARBOR
Last Action
2/06/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Amy Elik
Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203
Synopsis As Introduced
Amends the Illinois Income Tax Act. Repeals provisions concerning an addition modification related to the business interest deduction taken under specified provisions of the Internal Revenue Code. Effective immediately.
Actions
Date Chamber Action
2/04/2026 House Filed with the Clerk by Rep. Amy Elik
2/06/2026 House First Reading
2/06/2026 House Referred to Rules Committee