HB4653 - 104th General Assembly (2025-2026)

INC TX-BONUS DEPRECIATION
Last Action
2/03/2026 - House: Referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 5/203  from Ch. 120, par. 2-203
Synopsis As Introduced
Amends the Illinois Income Tax Act. Repeals provisions concerning the enhanced bonus depreciation deduction. Effective immediately.
Actions
DateChamberAction
1/28/2026HouseFiled with the Clerk by Rep. Tony M. McCombie
2/03/2026HouseFirst Reading
2/03/2026HouseReferred to Rules Committee
2/06/2026HouseAdded Chief Co-Sponsor Rep. Jeff Keicher