HB3615 - 104th General Assembly (2025-2026)

INC TX-COMMUTER CREDIT
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors

Rep. Justin Slaughter
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of the cost of providing the eligible commuter benefits, but not to exceed $100 per individual employee per month. Effective immediately.
Actions

DateChamberAction
2/07/2025HouseFiled with the Clerk by Rep. Justin Slaughter
2/18/2025HouseFirst Reading
2/18/2025HouseReferred to Rules Committee
3/11/2025HouseAssigned to Revenue & Finance Committee
3/13/2025HouseTo Income Tax Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee