summary
Introduced
02/05/2026
02/05/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Income Tax Act. Creates an income tax deduction for gratuities that are included in the taxpayer's federal adjusted gross income. Effective immediately.
AI Summary
This bill amends the Illinois Income Tax Act to create an income tax deduction for gratuities, which are defined as tips, that are included in a taxpayer's federal adjusted gross income (AGI). The AGI is the amount of gross income reported for federal tax purposes, minus certain specific deductions. This new deduction aims to reduce the state income tax burden for individuals who receive tips as part of their earnings. The bill takes effect immediately upon becoming law.
Sponsors (1)
Last Action
Referred to Assignments (on 02/05/2026)
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