· IL legislature · 104th

INC TX-WAGERING LOSSES

Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to the taxpayer's losses from certain wagering transactions. Effective immediately.

Sponsor

Dan Didech (D-IL)

Introduced

2025-02-07

Policy area

Taxation

Latest action

Rule 19(a) / Re-referred to Rules Committee