SB3619 - 104th General Assembly

INC TX-HEALTH INSURANCE CREDIT
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Chris Balkema, Sally J. Turner and Dave Syverson
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 a qualified employer who makes a qualified contribution toward a health reimbursement arrangement for the qualified taxpayer's employees. Provides that the amount of the credit is $400 per covered employee in the first taxable year and $200 per covered employee in the second taxable year. Effective immediately.
Actions
Date Chamber Action
2/05/2026 Senate Filed with Secretary by Sen. Chris Balkema
2/05/2026 Senate First Reading
2/05/2026 Senate Referred to Assignments
2/17/2026 Senate Assigned to Revenue
3/10/2026 Senate Added as Co-Sponsor Sen. Sally J. Turner
3/12/2026 Senate Added as Co-Sponsor Sen. Dave Syverson
3/13/2026 Senate Rule 2-10 Committee Deadline Established As April 24, 2026