summary
Introduced
07/02/2025
07/02/2025
In Committee
02/17/2026
02/17/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2026, a taxpayer who is an eligible member of the judiciary is allowed an income tax credit in an amount equal to the qualified security expenses incurred by the taxpayer during the taxable year. Specifies that the credit may not be carried back and may not reduce the taxpayer's liability to less than zero. Provides that, if the amount of the credit exceeds the taxpayer's tax liability for the taxable year, then the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. Requires the tax credit to be applied to the earliest year for which there is a tax liability. Provides that, if there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first. Defines the terms "eligible member of the judiciary", "federal judge", and "qualified security expense". Effective immediately.
AI Summary
This bill amends the Illinois Income Tax Act to provide a tax credit for eligible members of the judiciary (which includes federal judges and Illinois state court judges) for qualified security expenses starting in the 2026 tax year. Qualified security expenses are defined as costs for professional security services at the taxpayer's residence or security-related installations like cameras, lighting, locks, panic buttons, safe rooms, alarm systems, and access control systems. The tax credit allows judges to offset their state income tax liability by the amount of these security expenses, with a few key provisions: the credit cannot reduce tax liability to less than zero, cannot be carried back to previous years, and any excess credit can be carried forward and applied to tax liability in the next five years. If multiple years' credits are available, the earliest credit will be applied first. The bill aims to help judges protect themselves and their families by providing financial support for personal security measures, and it takes effect immediately upon becoming law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
To Income Tax Subcommittee (on 02/26/2026)
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