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IL HB4184
Bill
Status
10/19/2021
Primary Sponsor
Michael Zalewski
Click for details
AI Summary
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Extends the Illinois Income Tax Act hospital credit from December 31, 2022 to December 31, 2027 for hospital owners that provide charitable services or free/discounted care.
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Removes sunset provisions ("Until July 1, 2022") from hospital property exemptions in the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act, making exemptions permanent.
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Validates all hospital exemptions granted between July 1, 2022 and the effective date of this bill across all affected tax codes.
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Exempts hospital property tax exemptions from automatic sunset provisions in each tax act, establishing them as continuous indefinite exemptions.
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Takes effect immediately upon becoming law.
Legislative Description
REVENUE-HOSPITALS
Last Action
Rule 19(a) / Re-referred to Rules Committee
2/18/2022