· IL legislature · 104th

INC TX-OVERTIME DEDUCTION

Amends the Illinois Income Tax Act. Creates an income tax deduction for the amount of overtime compensation that is paid to the taxpayer during the taxable year and that is included in the taxpayer's federal adjusted gross income. Effective immediately.

Sponsor

C.D. Davidsmeyer (R-IL)

Introduced

2025-02-05

Policy area

Taxation

Latest action

Referred to Rules Committee