SB2763 - 104th General Assembly (2025-2026)

INC TX-ACA PREMIUMS
Last Action
2/03/2026 - Senate: Assigned to Revenue
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. Creates a deduction in an amount equal to the amount paid by the taxpayer during the taxable year as monthly premiums for a health insurance plan bought through the Affordable Care Act (ACA) Marketplace, plus an amount equal to the qualified out-of-pocket medical expenses paid by the taxpayer during the taxable year.
Actions
DateChamberAction
1/13/2026SenateFiled with Secretary by Sen. Dave Syverson
1/13/2026SenateFirst Reading
1/13/2026SenateReferred to Assignments
2/03/2026SenateAssigned to Revenue
3/03/2026SenateAdded as Co-Sponsor Sen. Chris Balkema
3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026
3/31/2026SenateAdded as Co-Sponsor Sen. Darby A. Hills