Bill Status of SB3121

  1. Home
  2. Legislation
  3. Bill Status

SB3121 - 104th General Assembly

INC TX-GILTI AND SAFE HARBOR
Last Action
2/02/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Chris Balkema
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
2/02/2026 Senate Filed with Secretary by Sen. Chris Balkema
2/02/2026 Senate First Reading
2/02/2026 Senate Referred to Assignments