Illinois legislation · 104th General Assembly
Illinois SB3619: INC TX-HEALTH INSURANCE CREDIT
Status: In committee, May 29, 2026
Amends the Illinois Income Tax Act. Creates an income tax credit for a qualified employer who makes a qualified contribution toward a health reimbursement arrangement for the qualified taxpayer's employees. Provides that the amount of the credit is $400 per covered employee in the first taxable year and $200 per covered employee in the second taxable year. Effective immediately.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3619Introduced 2/5/2026, by Sen. Chris BalkemaSYNOPSIS AS INTRODUCED: ILCS 5/246 new 35 ILCS 5/246 new ILCS 5/246 new Amends the Illinois Income Tax Act. Creates an income tax credit for aqualified employer who makes a qualified contribution toward a healthreimbursement arrangement for the qualified taxpayer's employees. Providesthat the amount of the credit is $400 per covered employee in the firsttaxable year and $200 per covered employee in the second taxable year.Effective immediately…
From the introduced text, February 5, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB3619Introduced 2/5/2026, by Sen. Chris BalkemaSYNOPSIS AS INTRODUCED: ILCS 5/246 new 35 ILCS 5/246 new ILCS 5/246 new Amends the Illinois Income Tax Act. Creates an income tax credit for aqualified employer who makes a qualified contribution toward a healthreimbursement arrangement for the qualified taxpayer's employees. Providesthat the amount of the credit is $400 per covered employee in the firsttaxable year and $200 per covered employee in the second taxable year.Effective immediately. LRB104 20287 HLH 33738 b LRB104 20287 HLH 33738 b LRB104 20287 HLH 33738 b A BILL FOR SB3619LRB104 20287 HLH 33738 b SB3619 LRB104 20287 HLH 33738 b SB3619 LRB104 20287 HLH 33738 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 adding Section 246 as follows: (35 ILCS 5/246 new) [ADDED: Sec. 246. ][ADDED: Health reimbursement arrangement tax credit.] [ADDED: (a) For taxable years beginning on or after January 1, ] [ADDED: 2027, a qualified taxpayer that makes a qualified contribution ] [ADDED: toward a health reimbursement arrangement, as described in ] [ADDED: Section 9831(d) of the Internal Revenue Code, for the ] [ADDED: qualified taxpayer's employees may claim a credit against the ] …