· IL legislature · 104th

INC TX-GILTI AND SAFE HARBOR

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.

Sponsor

Chris Balkema (R-IL)

Introduced

2026-02-02

Policy area

Taxation

Latest action

Added as Co-Sponsor Sen. Neil Anderson