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Bill

SB 2465

REVENUE-TECH

104th Regular Session Introduced by Omar Aquino and 1 co-sponsor

SB 2465 proposes Illinois revenue modernization through technology infrastructure, advancing tax administration efficiency and compliance mechanisms.

Added as Co-Sponsor Sen. Ram Villivalam
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WeVote Research Nonpartisan
Bill Summary · SB 2465

Legislative bill overview

SB 2465, titled "REVENUE-TECH," is an Illinois bill introduced by Senator Omar Aquino with co-sponsorship from Senator Ram Villivalam. The bill appears designed to address revenue collection or tax administration through technological means, though specific provisions are not detailed in the available legislative history.

Why is this important

Technology-focused revenue bills typically aim to improve tax compliance, reduce administrative costs, or modernize outdated collection systems. Such measures can affect both state revenues and how businesses and individuals interact with tax authorities, making them consequential for fiscal policy and economic competitiveness.

Potential points of contention

  • Implementation costs: Technological upgrades require significant upfront investment and ongoing maintenance, potentially straining state budgets before generating returns
  • Privacy and data security concerns: Revenue systems handling sensitive financial data raise questions about data protection standards and cybersecurity safeguards
  • Business compliance burden: Depending on requirements, new tech mandates could disproportionately affect small businesses lacking IT infrastructure or resources

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

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