Illinois House Bill 2702: INC TX-PASS-THROUGH ENTITIES

Illinois · 104th session

What it does

Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Effective immediately.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

See how HB 2702 affects you on CapitolKey

Browse more bills · CapitolKey home