Date	Chamber	Action
2/6/2025	Senate	Referred to Assignments

Statutes Amended In Order of Appearance

35 ILCS 5/804

from Ch. 120, par. 8-804

Synopsis As Introduced
Amends the Illinois Income Tax Act. In provisions concerning the estimated tax, provides that the required annual payment is the lesser of: (i) 90% of the tax shown on the return for the taxable year, or if no return is filed, 90% of the tax for the year; (ii) 100% of the tax shown on the return of the taxpayer for the preceding taxable year if a return showing a liability for tax was filed by the taxpayer for the preceding taxable year and the preceding year was a taxable year of 12 months; or (iii) 90% of the tax for the taxable year that would have been due based on the Act as it exists on the first day of the taxable year. Effective immediately.

Actions 

Date	Chamber	Action
2/6/2025	Senate	Filed with Secretary by Sen. Celina Villanueva
2/6/2025	Senate	First Reading
2/6/2025	Senate	Referred to Assignments

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