HB2834 Summary: Illinois Income Tax - Gratuities Deduction

• Creates a new deduction for individuals under the Illinois Income Tax Act allowing taxpayers to deduct the amount of gratuities received during the taxable year, effective for tax years ending on or after December 31, 2019.

• Defines "gratuities" by reference to Section 3 of the Illinois Minimum Wage Law, establishing the specific scope of income eligible for this deduction.

• Exempts this gratuity deduction from the Act's automatic sunset provision (Section 250), ensuring the deduction remains permanent without requiring legislative renewal.

• Becomes effective immediately upon enactment, allowing taxpayers to apply the deduction starting with the 2019 tax year.