SB3542 - 104th General Assembly

INC TX- PAID TIME OFF
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Chapin Rose
Statutes Amended In Order of Appearance
35 ILCS 5/246 new
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer that is an eligible small employer in an amount equal to the amount paid during the taxable year by the eligible small employer to its employees as paid leave that is required by the Paid Leave for All Workers Act. Provides that an eligible small employer is an employer that employs 50 or fewer employees during the taxable year and is subject to the Paid Leave for All Workers Act. Effective January 1, 2027.
Actions
Date Chamber Action
2/05/2026 Senate Filed with Secretary by Sen. Chapin Rose
2/05/2026 Senate First Reading
2/05/2026 Senate Referred to Assignments