DCEO-TAX CREDIT REPORT Senate SponsorsSen. Seth Lewis and Chris Balkema 1/28/2025SenateReferred to Assignments 35 ILCS 5/246 new35 ILCS 5/247 new35 ILCS 5/248 newAmends Illinois Income Tax Act. Creates a legacy tax credit for businesses that are headquartered in the State. Creates an employee tax credit and a collective bargaining employee tax credit. Effective immediately. 1/28/2025SenateFiled with Secretary by Sen. Seth Lewis 1/28/2025SenateFirst Reading 1/28/2025SenateReferred to Assignments 5/30/2025SenateAdded as Co-Sponsor Sen. Chris Balkema