Docket Room
SB 3796·IL·senate

REVENUE-CREDITS-DEDUCTIONS

In CommitteeFiled Feb 5, 2026
Sponsor: Lakesia Collins (D)
Latest Action

Added as Co-Sponsor Sen. David Koehler

May 12, 2026

Summary

The bill repeals the construction jobs credit and the high‑impact business construction jobs credit for future tax years, changes how business interest and research deductions are calculated, and updates a range of use‑tax statutes. It also sets new criteria for designating "High Impact Businesses" that can qualify for special treatment, and modifies incentives for biodiesel and renewable diesel. These changes affect corporations, developers, and fuel producers that currently rely on the affected credits and deductions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Share

Track this bill

Get real-time alerts when SB 3796 changes status, plus AI-powered summaries and stage predictions.

Sign up free
Docket Room · Nonpartisan legislative tracking
Docket Room IntelligencePro

Ask about your legislation

I can analyze your tracked bills, upcoming hearings, and recent changes.

AI-generated · Nonpartisan · Not legal advice