SB3786 - 104th General Assembly (2025-2026)

DCEO-TAX CREDIT REPORT
Last Action
2/24/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Seth Lewis
Statutes Amended In Order of Appearance
35 ILCS 5/246 new  
35 ILCS 5/247 new  
35 ILCS 5/248 new  
Synopsis As Introduced
Amends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately.
Actions
DateChamberAction
2/05/2026SenateFiled with Secretary by Sen. Seth Lewis
2/05/2026SenateFirst Reading
2/05/2026SenateReferred to Assignments
2/24/2026SenateAssigned to Revenue