HB4937Introduced in the House
INC TX-GILTI AND SAFE HARBOR
Introduced by Amy Elik, District 111
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the Illinois Income Tax Act. Repeals provisions concerning an addition modification related to the business interest deduction taken under specified provisions of the Internal Revenue Code. Effective immediately.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
March 27, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed with the Clerk by Rep. Amy Elik
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
Rule 19(a) / Re-referred to Rules Committee
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