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SB 2855

ILLINOIS GIVES-SECA

104th Regular Session Introduced by Paul Faraci

SB 2855 filed in Illinois legislature; substantive provisions unclear pending full text availability as of first reading.

Rule 3-9(a) / Re-referred to Assignments
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Bill Summary · SB 2855

Legislative bill overview

SB 2855, titled "ILLINOIS GIVES-SECA," was introduced by Senator Paul Faraci in the Illinois legislature on January 16, 2026. The bill has completed initial procedural steps (first reading and committee assignment) but substantive details about its provisions are not yet publicly available in standard legislative databases at this early stage.

Why is this important

Without access to the bill's full text or summary, the real-world impact cannot be determined at this time. However, the title reference to "GIVES-SECA" suggests it may relate to giving programs and the Self-Employment Contributions Act, potentially affecting tax treatment, charitable giving, or self-employed individuals in Illinois. Once the bill text is available, its significance will depend on whether it creates tax incentives, modifies existing programs, or affects compliance requirements.

Potential points of contention

  • Lack of available detail: The bill is so new that full legislative language has not been made publicly accessible, preventing meaningful analysis of specific provisions or fiscal impacts
  • Title ambiguity: "GIVES-SECA" could reference multiple policy areas (charitable giving, tax treatment of self-employment income, or a specific Illinois program), leaving uncertainty about legislative intent
  • Unknown fiscal impact: No analysis of state revenue effects or budgetary implications has been published yet

Compiled from official sources — confirm details with the bill’s official record.

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