On June 16, 2026, Gov. J.B. Pritzker signed Illinois’ fiscal year 2027 budget, including the revenue package enacted through Senate Bill 3019 (the Bill or the Budget). The legislation introduces a series of state and local tax changes aimed primarily at digital business models, platform-based revenue, and emerging industries, while also incorporating limited relief provisions and targeted business tax changes.
Illinois Enacts FY 2027 Budget with Significant State and Local Tax Changes