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<xml>
<title>Illinois General Assembly - Bill Status for SB 3665</title>
<shortdesc>INC TAX-ENERGY CHOICE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Christopher Belt, Meg Loughran Cappel and Chris Balkema</sponsors>
</sponsor>
<lastaction>
<statusdate>2/17/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/246 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that a qualified taxpayer may apply to the Department of Revenue for an income tax credit in an amount equal to 20% of the wages paid by the qualified taxpayer to a qualified energy choice worker based in Illinois in the taxable year. Provides that the term "qualified taxpayer" means a taxpayer that is a regulated utility in the State of Illinois or a power generating company providing baseload or intermediate generation in Illinois and that meets specified criteria and is able to demonstrate an adverse and material operational impact to either its overall Illinois-based workforce or its ability to conduct business in Illinois based on the scheduled phaseout target dates of 2030, 2035, 2040, and 2045, as provided in Public Act 102-662. Sets forth limitations on the amount of the credit. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Christopher Belt</action>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/5/2026</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/17/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/27/2026</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Meg Loughran Cappel</action>
<statusdate>3/4/2026</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Chris Balkema</action>
<statusdate>3/13/2026</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2026</action>
</actions>
</xml>
