Illinois legislation · 104th General Assembly
Illinois SB2763: INC TX-ACA PREMIUMS
Status: Introduced, September 30, 2026
Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount paid by the taxpayer during the taxable year as monthly premiums for a health insurance plan bought through the Affordable Care Act (ACA) Marketplace, plus an amount equal to the qualified out-of-pocket medical expenses paid by the taxpayer during the taxable year.
What the bill says
A bill FOR SB2763 LRB104 16751 HLH 30158 b AN ACT concerning revenue.
From the introduced text, January 13, 2026:
A BILL FOR SB2763 LRB104 16751 HLH 30158 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5. The Illinois Income Tax Act is amended by changing Section 203 as follows: (35 ILCS 5/203) (from Ch. 120, par. 2-203) Sec. 203. Base income defined. (a) Individuals. (1) In general. In the case of an individual, base income means an amount equal to the taxpayer's adjusted gross income for the taxable year as modified by paragraph (2). (2) Modifications. The adjusted gross income referred to in paragraph (1) shall be modified by adding thereto the sum of the following amounts: (A) An amount equal to all amounts paid or accrued to the taxpayer as interest or dividends during the taxable year to the extent excluded from gross income in the computation of adjusted gross income, except stock dividends of qualified public utilities described in Section 305(e) of the Internal Revenue Code; (B) An amount equal to the amount of tax imposed by SB2763 - 2 - LRB104 16751 HLH 30158 b this Act to the extent deducted from gross income in the computation of adjusted gross income for the taxable year; (C) An amount equal to the amount received during the taxable year as a recovery or refund …
Sponsors
- Dave Syverson (R, 35) · primary sponsor
- Chris Balkema (R, 53)
- Darby A. Hills (R, 26)
- Craig Wilcox (R, 32)
- Seth Lewis (R, 24)
- Sue Rezin (R, 38)
- Sally J. Turner (R, 44)
- Donald P. DeWitte (R, 33)
- Jil Tracy (R, 50)
Latest actions
- : Added as Co-Sponsor Sen. Jil Tracy
- : Added as Co-Sponsor Sen. Donald P. DeWitte
- : Added as Co-Sponsor Sen. Sally J. Turner
- : Added as Co-Sponsor Sen. Sue Rezin
- : Added as Co-Sponsor Sen. Seth Lewis
- : Added as Co-Sponsor Sen. Craig Wilcox
- : Rule 3-9(a) / Re-referred to Assignments
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
- : Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
- : Added as Co-Sponsor Sen. Darby A. Hills
Subjects: ILCS 35 - Revenue
Common questions
- What is SB2763?
- SB2763 is a bill in the Illinois Legislature (104th General Assembly): INC TX-ACA PREMIUMS.
- What does SB2763 do?
- In its own words: A bill FOR SB2763 LRB104 16751 HLH 30158 b AN ACT concerning revenue.
- What is the status of SB2763?
- Introduced as of September 30, 2026. Latest action: Added as Co-Sponsor Sen. Jil Tracy (September 30, 2026).
- Who sponsored SB2763?
- Dave Syverson (R, 35), with 8 co-sponsors.
- Where is the official record for SB2763?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=2763&GAID=18&DocTypeID=SB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.