HB5125 - 104th General Assembly (2025-2026)

REVENUE-CREDITS-DEDUCTIONS
Last Action
2/10/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Lindsey LaPointe
Statutes Amended In Order of Appearance
20 ILCS 655/5.5  from Ch. 67 1/2, par. 609.1
20 ILCS 655/13  
35 ILCS 5/201  
35 ILCS 5/203  from Ch. 120, par. 2-203
35 ILCS 5/221  
35 ILCS 10/5-51  
35 ILCS 105/3-5  
35 ILCS 105/3-5.1  
35 ILCS 105/3-10  from Ch. 120, par. 439.33-10
35 ILCS 105/3-50  from Ch. 120, par. 439.3-50
35 ILCS 110/2  from Ch. 120, par. 439.32
35 ILCS 110/3-10  
35 ILCS 115/2  from Ch. 120, par. 439.102
35 ILCS 115/3-10  
35 ILCS 120/2-10  from Ch. 120, par. 441-10
35 ILCS 120/2-45  from Ch. 120, par. 441-45
65 ILCS 115/10-10.3  
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
DateChamberAction
2/05/2026HouseFiled with the Clerk by Rep. Lindsey LaPointe
2/10/2026HouseFirst Reading
2/10/2026HouseReferred to Rules Committee