2025-2026 Regular Session • Illinois Legislature
HB3117: INC TX-EMINENT DOMAIN
Legislative Summary
Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the capital gains realized by the taxpayer from the taking of property by eminent domain to the extent that those gains are included in the taxpayer's federal taxable income. Effective immediately.
Demographic Impact
Overall analysis of equity impact
70% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
2/6/2025
Filed with the Clerk by Rep. Blaine Wilhour
House of Representatives
2/18/2025
First Reading
House of Representatives
2/18/2025
Referred to Rules Committee
House of Representatives
3/4/2025
Assigned to Revenue & Finance Committee
House of Representatives
3/6/2025
To Tax Policy: Other Taxes Subcommittee
House of Representatives
3/21/2025
Rule 19(a) / Re-referred to Rules Committee
House of Representatives
Status Information
Current Status
Introduced(2/6/2025)
Chamber
House of Representatives
Committee
Rules(House of Representatives)
Sponsors
Republican: 1
Primary Sponsor
Blaine Wilhour
Republican