HB5125Introduced in the House
REVENUE-CREDITS-DEDUCTIONS
Introduced by Lindsey LaPointe, District 19
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 Enterprise Zone Act. Provides that certain credits related to high impact businesses do not apply on or after the effective date of the amendatory Act. Amends the Illinois Income Tax Act. Provides that a construction jobs credit does not apply for taxable years ending on or after the effective date of the amendatory Act. Provides that a high impact business construction jobs credit does not apply for taxable years ending on or after the effective date of the amendatory Act. Makes changes concerning the business interest deduction. Creates an addition modification for the federal deduction for domestic research or experimental expenditures. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Makes changes concerning incentives for biodiesel, renewable diesel, and biodiesel blends. Makes other changes.
Where it stands
Added Co-Sponsor Rep. Norma Hernandez
May 30, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed with the Clerk by Rep. Lindsey LaPointe
First Reading
Referred to Rules Committee
Added Co-Sponsor Rep. Rita Mayfield
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Ann M. Williams
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. La Shawn K. Ford
Added Co-Sponsor Rep. Michael Crawford
Added Co-Sponsor Rep. Sonya M. Harper
Added Co-Sponsor Rep. Dagmara Avelar
Added Co-Sponsor Rep. Lisa Davis
Added Co-Sponsor Rep. Nabeela Syed
Motion Filed to Suspend Rule 21 Rules Committee; Rep. Kam Buckner
Motion to Suspend Rule 21 - Prevailed 005-000-000
Added Co-Sponsor Rep. Nicolle Grasse
Added Chief Co-Sponsor Rep. Maurice A. West, II
Added Chief Co-Sponsor Rep. Mary Beth Canty
Added Chief Co-Sponsor Rep. Maura Hirschauer
Added Chief Co-Sponsor Rep. Lilian Jiménez
Added Co-Sponsor Rep. Amy Briel
Added Co-Sponsor Rep. Justin Cochran
Added Co-Sponsor Rep. Norma Hernandez
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