SB3784 - 104th General Assembly (2025-2026)

INC TX-DONATIONS OF PROPERTY
Last Action
2/05/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Darby A. Hills
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 taxpayer that makes a qualified donation of real property during the taxable year to an employer that will use the property for the purpose of providing onsite child care to its employees. Provides that the credit shall be in an amount equal to the fair market value of the property, as determined by the Department of Revenue by rule.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Darby A. Hills
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments