HB5125 - 104th General Assembly
REVENUE-CREDITS-DEDUCTIONS
Last Action
House Sponsors
Rep. Lindsey LaPointe - Maurice A. West, II - Mary Beth Canty - Maura Hirschauer - Lilian Jiménez, Rita Mayfield, Ann M. Williams, La Shawn K. Ford, Michael Crawford, Sonya M. Harper, Dagmara Avelar, Lisa Davis, Nabeela Syed, Nicolle Grasse, Amy Briel, Justin Cochran and Norma HernandezStatutes Amended In Order of Appearance
20 ILCS 655/5.5from Ch. 67 1/2, par. 609.1
35 ILCS 5/203from Ch. 120, par. 2-203
35 ILCS 105/3-10from Ch. 120, par. 439.33-10
35 ILCS 105/3-50from Ch. 120, par. 439.3-50
35 ILCS 110/2from Ch. 120, par. 439.32
35 ILCS 115/2from Ch. 120, par. 439.102
35 ILCS 120/2-10from Ch. 120, par. 441-10
35 ILCS 120/2-45from Ch. 120, par. 441-45
Synopsis As Introduced
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.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/05/2026 | House | Filed with the Clerk by Rep. Lindsey LaPointe |
| 2/10/2026 | House | First Reading |
| 2/10/2026 | House | Referred to Rules Committee |
| 2/20/2026 | House | Added Co-Sponsor Rep. Rita Mayfield |
| 3/04/2026 | House | Assigned to Revenue & Finance Committee |
| 3/26/2026 | House | Added Co-Sponsor Rep. Ann M. Williams |
| 3/27/2026 | House | Rule 19(a) / Re-referred to Rules Committee |
| 4/01/2026 | House | Added Co-Sponsor Rep. La Shawn K. Ford |
| 4/02/2026 | House | Added Co-Sponsor Rep. Michael Crawford |
| 4/09/2026 | House | Added Co-Sponsor Rep. Sonya M. Harper |
| 4/10/2026 | House | Added Co-Sponsor Rep. Dagmara Avelar |
| 4/15/2026 | House | Added Co-Sponsor Rep. Lisa Davis |
| 4/23/2026 | House | Added Co-Sponsor Rep. Nabeela Syed |
| 5/05/2026 | House | Motion Filed to Suspend Rule 21 Rules Committee; Rep. Kam Buckner |
| 5/05/2026 | House | Motion to Suspend Rule 21 - Prevailed 005-000-000 |
| 5/07/2026 | House | Added Co-Sponsor Rep. Nicolle Grasse |
| 5/30/2026 | House | Added Chief Co-Sponsor Rep. Maurice A. West, II |
| 5/30/2026 | House | Added Chief Co-Sponsor Rep. Mary Beth Canty |
| 5/30/2026 | House | Added Chief Co-Sponsor Rep. Maura Hirschauer |
| 5/30/2026 | House | Added Chief Co-Sponsor Rep. Lilian Jiménez |
| 5/30/2026 | House | Added Co-Sponsor Rep. Amy Briel |
| 5/30/2026 | House | Added Co-Sponsor Rep. Justin Cochran |
| 5/30/2026 | House | Added Co-Sponsor Rep. Norma Hernandez |
