Illinois 2025-2026 Regular Session

Illinois Senate Bill SB0178 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB0178 Introduced 1/17/2025, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED: 35 ILCS 5/235 new Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately. LRB104 07331 HLH 17371 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB0178 Introduced 1/17/2025, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED: 35 ILCS 5/235 new 35 ILCS 5/235 new Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately. LRB104 07331 HLH 17371 b LRB104 07331 HLH 17371 b A BILL FOR
2	2	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB0178 Introduced 1/17/2025, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 5/235 new 35 ILCS 5/235 new
4	4	35 ILCS 5/235 new
5	5	Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
6	6	LRB104 07331 HLH 17371 b LRB104 07331 HLH 17371 b
7	7	LRB104 07331 HLH 17371 b
8	8	A BILL FOR
9	9	SB0178LRB104 07331 HLH 17371 b SB0178 LRB104 07331 HLH 17371 b
10	10	SB0178 LRB104 07331 HLH 17371 b
11	11	1 AN ACT concerning revenue.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Illinois Income Tax Act is amended by
15	15	5 adding Section 235 as follows:
16	16	6 (35 ILCS 5/235 new)
17	17	7 Sec. 235. Credit for soundproofing of residential homes.
18	18	8 (a) For taxable years ending on or after December 31,
19	19	9 2025, each taxpayer is entitled to a credit against the tax
20	20	10 imposed under subsections (a) and (b) of Section 201 in an
21	21	11 amount equal to the amount paid by the taxpayer during the
22	22	12 taxable year for the purpose of purchasing materials, labor,
23	23	13 and professional services to soundproof a residential home
24	24	14 located at an eligible address against aircraft noise
25	25	15 generated by an airport governed by the provisions of the
26	26	16 Permanent Noise Monitoring Act. In order to be eligible for
27	27	17 the credit under this Section, the soundproofing work must be
28	28	18 carried out in accordance with the requirements of the
29	29	19 Illinois Residential Building Code Act.
30	30	20 (b) In no event shall a credit under this Section reduce a
31	31	21 taxpayer's liability to less than zero. If the amount of
32	32	22 credit exceeds the tax liability for the year, the excess may
33	33	23 be carried forward and applied to the tax liability for the 5
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37	37	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB0178 Introduced 1/17/2025, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 5/235 new 35 ILCS 5/235 new
39	39	35 ILCS 5/235 new
40	40	Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the amount paid by the taxpayer during the taxable year for the purpose of purchasing materials, labor, and professional services to soundproof a residential home located at an eligible address against aircraft noise generated by an airport governed by the provisions of the Permanent Noise Monitoring Act. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
41	41	LRB104 07331 HLH 17371 b LRB104 07331 HLH 17371 b
42	42	LRB104 07331 HLH 17371 b
43	43	A BILL FOR
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68	68	1 taxable years following the excess credit year. The tax credit
69	69	2 shall be applied to the earliest year for which there is a tax
70	70	3 liability. If there are credits for more than one year that are
71	71	4 available to offset liability, the earlier credit shall be
72	72	5 applied first.
73	73	6 (c) As used in this Section, "eligible address" means any
74	74	7 address located (i) within the 65 DNL Build-out Contour for
75	75	8 O'Hare International Airport, as defined by rules adopted by
76	76	9 the Federal Aviation Administration, (ii) within an
77	77	10 alternative 65 CNEL Build-out Contour for O'Hare International
78	78	11 Airport, with annual CNEL units as defined in subsection (a-3)
79	79	12 of Section 5 of the Permanent Noise Monitoring Act, or (iii)
80	80	13 not more than 20 miles east or west and not more than 3 miles
81	81	14 north or south of an airport runway aligned in an east-west
82	82	15 direction and located at O'Hare International Airport.
83	83	16 (d) This Section is exempt from the provisions of Section
84	84	17 250.
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