SB3619 - 104th General Assembly (2025-2026)

INC TX-HEALTH INSURANCE CREDIT
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Chris Balkema
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
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Chris Balkema
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments