Executive Director
Tax Institute

(217) 522-5512 ext. 231

All Key Chamber Legislation

Upcoming Events

January 21 Join me for a webinar - Business Income Taxation - Fundamentals and Complexities. Members of the Tax Institute receive 2 free registrations. Register at this link  .

January 28 :
The Illinois General Assembly returns to Springfield.
January 17, 2020
State and Local Tax  
This Week 

Illinois General Assembly

The House and Senate will return to Springfield for the beginning of the spring legislative session on January 28.

The Senate is scheduled to be in session on Sunday January 19 to choose a new Senate President.

New legislation

HB 4054 - Halpin -  Amends the Historic Preservation Tax Credit Act. Provides that the State Historic Preservation Office may not award more than $45,000,000 (currently, $15,000,000) in total annual tax credits under the Act.

HB 4061 - McDermed - Creates the Online Marketplace Seller Act. Provides that an operator of a marketplace may not require a marketplace seller to adjudicate a claim arising out of an agreement between the marketplace seller and the operator of the marketplace outside of this State and may not gather, obtain, collect, or store the business data of a marketplace seller for the purposes of sales, marketing, pricing, or other business decisions regarding sales of services or tangible personal property to be made by the operator of the marketplace. Provides that if a marketplace decides to suspend or terminate a marketplace seller, 30 days prior to the termination, the marketplace shall provide the marketplace seller with a written statement of reasons for that decision. Provides that a marketplace may suspend or terminate a marketplace seller without notice if the marketplace seller engages in conduct or business practices that the marketplace reasonably deems fraudulent or injurious to public safety.

HB 4069 - Didech - Amends the Property Tax Code. Makes changes concerning the alternate valuation applied to property containing a solar energy system. Provides that, beginning in assessment year 2020, the alternate valuation shall be the lesser of the value of the property without the solar energy system or the value of the property with the solar energy system. Provides that the owner of the property is not required to file an application for this alternate valuation.

HB 4092 - Skillicorn -  Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, on and after July 1, 2020, the amount of the vendor's discount shall be 1% (currently, 1.75%). 

HB 4093 - Skilicorn - Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for the 2021 levy year and thereafter, for certain school districts, "extension limitation" means 0% or the rate of increase approved by the voters. Provides that all school districts in the State are subject to the Property Tax Extension Limitation Law. Provides that qualified school districts may be granted an exemption from the amendatory Act by an affirmative vote of the State Board of Education. Sets forth the qualifications for those school districts.

HB 4117 - Meier - Amends the Illinois Hydraulic Fracturing Tax Act. Provides that moneys received under the Act shall be used only for the payment of pension obligations of the State of Illinois.


The January 17 edition of the  Illinois Register did not contain any new or adopted rulemakings by the Illinois Department of Revenue or the Department of Commerce and Economic Opportunity.

Court cases
No new decisions this week.

Tax Tribunal 

No new decisions were issued this week.

None of the new cases filed with the Tribunal raise unique tax issues.

The Illinois Department of Revenue issued a Compliance Alert entitled "Cannabis Dispensaries Charging the Incorrect Tax Rates on Cannabis Sales"

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