· IL legislature · 104th

INC TX-COMMUTER CREDIT

Amends the Illinois Income Tax Act. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of the cost of providing the eligible commuter benefits, but not to exce…

Sponsor

Justin Slaughter (D-IL)

Introduced

2025-02-07

Policy area

Taxation

Latest action

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