SB3874 - 104th General Assembly (2025-2026)

INC TX-BONUS DEPRECIATION
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Sally J. Turner
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
2/06/2026SenateFiled with Secretary by Sen. Sally J. Turner
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments