SB2763 - 104th General Assembly (2025-2026)

INC TX-ACA PREMIUMS
Last Action

2/03/2026 - Senate: Assigned to Revenue
Senate Sponsors

Sen. Dave Syverson
Statutes Amended In Order of Appearance

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