HB1803 - 104th General Assembly (2025-2026)

INC TX-ENGINEERING STUDENTS
Last Action
2/26/2026 - House: To Income Tax Subcommittee
Hearings
Tax Policy: Sales Tax Subcommittee Hearing Mar 26 2026 8:08AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 26 2026 8:07AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Income Tax Subcommittee Hearing Mar 26 2026 8:06AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Finance Subcommittee Hearing Mar 26 2026 8:05AM Stratton Building Room D-1 Springfield, IL
Tax Credit and Incentives Subcommittee Hearing Mar 26 2026 8:04AM Stratton Building Room D-1 Springfield, IL
Sales Tax Subcommittee Hearing Mar 26 2026 8:03AM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 26 2026 8:00AM Stratton Building Room D-1 Springfield, IL
Property Tax Subcommittee Hearing Mar 26 2026 8:02AM Stratton Building Room D-1 Springfield, IL
Income Tax Subcommittee Hearing Mar 26 2026 8:01AM Stratton Building Room D-1 Springfield, IL
Finance Subcommittee Hearing Mar 26
Statutes Amended In Order of Appearance
35 ILCS 5/235 new  
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from an engineering program at an accredited institution of higher learning with a Bachelor's degree or higher within the 5 years immediately preceding the taxable year. Provides that the credit shall be equal to (i) 10% of the compensation paid by the taxpayer during the taxable year to qualified employees who graduated from an engineering program at an accredited institution of higher learning in Illinois or (ii) 5% of the compensation paid by the taxpayer during the taxable year to qualified employees who graduated from an engineering program an accredited institution of higher learning not located in Illinois. Effective immediately.
Actions
DateChamberAction
1/27/2025HouseFiled with the Clerk by Rep. Martin J. Moylan
1/28/2025HouseAdded Chief Co-Sponsor Rep. Michael J. Kelly
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/25/2025HouseAssigned to Revenue & Finance Committee
3/03/2025HouseTo Income Tax Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
1/12/2026HouseChief Sponsor Changed to Rep. Justin Cochran
2/24/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Income Tax Subcommittee