Illinois House Bill 5623: INC TX-PHARMACY WITHHOLDING

Illinois · 104th session

What it does

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that an election to claim the credit against the taxpayer's withholding tax liability also applies to certain taxpayers that are primarily engaged in the business of pharmacy, health, and wellness and that have a corporate headquarters and distribution centers located in Illinois.

Latest action

Referred to Rules Committee (2026-02-13)

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