SB 3784

Select Language
  ×
The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein.
Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet.
The English language version is always the official and authoritative version of this website.
NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window.
  Choose Language
  English
  Afrikaans
  Albanian
  Arabic
  Armenian
  Azerbaijani
  Basque
  Bengali
  Bosnian
  Catalan
  Croatian
  Czech
  Danish
  Dutch
  Esperanto
  Estonian
  Filipino
  Finnish
  French
  Galician
  Georgian
  German
  Greek
  Gujarati
  Haitian Creole
  Hausa
  Hawaiian
  Hebrew
  Hindi
  Hungarian
  Icelandic
  Indonesian
  Interlingua
  Interlingue
  Inuktitut
  Irish
  Italian
  Japanese
  Javanese
  Kannada
  Khmer
  Korean
  Latin
  Latvian
  Lithuanian
  Luxembourgish
  Macedonian
  Malagasy
  Malayalam
  Maltese
  Maori
  Marathi
  Myanmar
  Nepali
  Norwegian
  Odia
  Pashto
  Punjabi
  Romanian
  Russian
  Samoan
  Sango
  Sanskrit
  Sardinian
  Sindhi
  Sinhala
  Slovak
  Slovenian
  Somali
  Southern Sotho
  Spanish
  Sundanese
  Swahili
  Swedish
  Tamil
  Telugu
  Thai
  Tigrinya
  Tonga
  Turkish
  Ukrainian
  Urdu
  Vietnamese
  Welsh
  Xhosa
  Yiddish
  Yoruba
  Zulu
  Powered by Translate
  Close
Illinois General Assembly
Top Navigation Bar
  Translate
  Learn
  Select General Assembly
  Search the 104th General Assembly
  Enter search terms for legislation, members, committees, or schedules.
  ILGA.GOV
Mobile Top Bar
  Search the 104th General Assembly
  Enter keywords to search the Illinois General Assembly website.
Full Text of SB3784
Home
Legislation
Full Text
	SB3784 - 104th General Assembly
		Bill Status
		Full Text
		Votes
		Witness Slips
	Select Menu
	Bill Status
	Full Text
	Votes
	Witness Slips
	Printer Friendly Version
			Introduced
		Printer Friendly Version
		Introduced
			 Open PDF
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB3784
Introduced 2/5/2026, by Sen. Darby A. Hills
SYNOPSIS AS INTRODUCED:
35 ILCS 5/246 new
Amends the Illinois Income Tax Act. Creates an income tax credit for a taxpayer that makes a qualified donation of real property during the taxable year to an employer that will use the property for the purpose of providing onsite child care to its employees. Provides that the credit shall be in an amount equal to the fair market value of the property, as determined by the Department of Revenue by rule.
LRB104 19629 HLH 33078 b
A BILL FOR
		SB3784		LRB104 19629 HLH 33078 b
1    AN ACT concerning revenue.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Income Tax Act is amended by
5adding Section 246 as follows:
6    (35 ILCS 5/246 new)
7    Sec. 246. Donations of real property for employee child 
8care.
9    (a) For taxable years beginning on or after January 1, 
102027, a taxpayer that makes a qualified donation of real 
11property during the taxable year to an employer that will use 
12the property for the purpose of providing onsite child care to 
13its employees is entitled to a credit against the tax imposed 
14by subsections (a) and (b) of Section 201 in an amount equal to 
15the fair market value of the property. A taxpayer is not 
16entitled to a credit under this Section if the donation of real 
17property is made to a related member of the taxpayer. Fair 
18market value shall be determined in accordance with rules 
19adopted by the Department.
20    (b) In no event shall a credit under this Section reduce 
21the taxpayer's liability to less than zero. If the amount of 
22the credit exceeds the tax liability for the year, the excess 
23may be carried forward and applied to the tax liability of the 
		SB3784	- 2 -	LRB104 19629 HLH 33078 b
110 taxable years following the excess credit year. The tax 
2credit shall be applied to the earliest year for which there is 
3a tax liability. If there are credits for more than one year 
4that are available to offset a liability, the earlier credit 
5shall be applied first.
6    For partners and shareholders of Subchapter S 
7corporations, the provisions of Section 251 shall apply with 
8respect to the credit under this Section.
9    (c) As used in this Section:
10    "Related member" means a person that, with respect to the 
11taxpayer at the time the donation is made, is any one of the 
12following:
13        (1) An individual stockholder, if the stockholder and 
14    the members of the stockholder's family (as defined in 
15    Section 318 of the Internal Revenue Code) own directly, 
16    indirectly, beneficially, or constructively, in the 
17    aggregate, at least 50% of the value of the taxpayer's 
18    outstanding stock.
19        (2) A partnership, estate, or trust and any partner or 
20    beneficiary, if the partnership, estate, or trust, and its 
21    partners or beneficiaries own directly, indirectly, 
22    beneficially, or constructively, in the aggregate, at 
23    least 50% of the profits, capital, stock, or value of the 
24    taxpayer.
25        (3) A corporation, and any party related to the 
26    corporation in a manner that would require an attribution 
		SB3784	- 3 -	LRB104 19629 HLH 33078 b
1    of stock from the corporation to the party or from the 
2    party to the corporation under the attribution rules of 
3    Section 318 of the Internal Revenue Code, if the taxpayer 
4    owns directly, indirectly, beneficially, or constructively 
5    at least 50% of the value of the corporation's outstanding 
6    stock.
7        (4) A corporation and any party related to that 
8    corporation in a manner that would require an attribution 
9    of stock from the corporation to the party or from the 
10    party to the corporation under the attribution rules of 
11    Section 318 of the Internal Revenue Code, if the 
12    corporation and all such related parties own in the 
13    aggregate at least 50% of the profits, capital, stock, or 
14    value of the taxpayer.
15        (5) A person to or from whom there is attribution of 
16    stock ownership in accordance with Section 1563(e) of the 
17    Internal Revenue Code, except, for purposes of determining 
18    whether a person is a related member under this paragraph, 
19    20% shall be substituted for 5% wherever 5% appears in 
20    Section 1563(e) of the Internal Revenue Code.