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state_legiscan_drain · IL

FINANCE-AGRICULTURAL BORROWER

January 29, 2026

Summary

If enacted, this bill would impose a 10% tax on targeted advertising services and a social media platform fee, amend hotel occupancy tax to include marketplace facilitators, and make numerous other tax and regulatory changes across multiple industries. It does not directly affect mortgage lending or consumer financial services regulation.

Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=3019&GAID=18&DocTypeID=SB&SessionID=114&GA=104

Common questions

What does "FINANCE-AGRICULTURAL BORROWER" cover?
If enacted, this bill would impose a 10% tax on targeted advertising services and a social media platform fee, amend hotel occupancy tax to include…
When was it published?
It was published on January 29, 2026.

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