HB3615 - 104th General Assembly

INC TX-COMMUTER CREDIT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Justin Slaughter
Statutes Amended In Order of Appearance
35 ILCS 5/235 new
215 ILCS 5/121-2.08from Ch. 73, par. 733-2.08
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of the cost of providing the eligible commuter benefits, but not to exceed $100 per individual employee per month. Effective immediately.
Actions
Date Chamber Action
2/07/2025 House Filed with the Clerk by Rep. Justin Slaughter
2/18/2025 House First Reading
2/18/2025 House Referred to Rules Committee
3/11/2025 House Assigned to Revenue & Finance Committee
3/13/2025 House To Income Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee