06/25/2026
New Illinois FOID card tax proposed.
A new tax on Illinois legal fi****ms owners may soon become a reality.
The tax comes in the form of a new “insurance requirement“ for individuals who apply for, or renew an Illinois Fi****ms owner identification card. 
This past spring, Illinois Democrats introduced HB43. The law would create a new task force, appointed by JB Pritzker, to study whether or not the Illinois should create new regulations  that will require law abiding Illinois fi****ms owners to buy state run insurance as a condition of applying for a FOID Card.
The legislation is sponsored by Democrats Rep. Bob Morgan, Laura "plastic bag tax" Faver Dias and Yolonda Morris.
The latest on the bill: at the end of the spring legislative session, May 31, the Bill did not get called up for a vote - a however, in November, after the election, during the fall Veto session, it is quite likely that the bill will resurface and be approved before the end of the year.
The bill is strictly a revenue generator for the state. It is intended to create extra fees, which law abiding firearm odors would have to pay. Criminals, of course, will not pay this new fee for state mandated FOID card insurance.
The revenue generated is expected to be sent directly to the City of Chicago. 

Three things to keep in mind:

-Criminals won’t buy insurance.
-Criminals don’t apply for FOIDs.
-Criminals won’t follow any of this.
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