2025-2026 Regular Session • Illinois Legislature
SB0140: INC TX-DEDUCTION FOR TIPS
Legislative Summary
Amends the Illinois Income Tax Act. Creates an income tax deduction for gratuities that are included in the taxpayer's federal adjusted gross income. Effective immediately.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/17/2025
Filed with Secretary by Sen. Craig Wilcox
Senate
1/17/2025
First Reading
Senate
1/17/2025
Referred to Assignments
Senate
5/30/2025
Added as Co-Sponsor Sen. Chris Balkema
Senate
Status Information
Current Status
Introduced(1/17/2025)
Chamber
Senate
Committee
Assignments(Senate)
