INC TX-PHARMACY WITHHOLDING

Introduced on 2/6/26

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Summary

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From the Legislature

Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that an election to claim the credit against the taxpayer's withholding tax liability also applies to certain taxpayers that are primarily engaged in the business of pharmacy, health, and wellness and that have a corporate headquarters and distribution centers located in Illinois.

Sponsors

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Democratic CaucusRepublican Caucus