Illinois General Assembly - Bill Status for HB2558

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Bill Status of HB2558 98th General Assembly

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Short Description: INVESTED CAPITAL-REPEAL CAP

House Sponsors
Rep. John E. Bradley

Last Action

Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 620/2a.1

from Ch. 120, par. 469a.1

Synopsis As Introduced
Amends the Public Utilities Revenue Act. Provides that a provision of the Act requiring the Department to issue credits to taxpayers if the total amount received by the Department exceeds $145,279,553 plus an amount equal to the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index during the immediately preceding taxable period of the total amount received by the Department for the immediately preceding taxable period applies only for taxable periods ending on or before December 31, 2012. Effective immediately.

Actions

Date	Chamber	Action
2/21/2013	House	Filed with the Clerk by Rep. John E. Bradley
2/21/2013	House	First Reading
2/21/2013	House	Referred to Rules Committee
3/4/2013	House	Assigned to Revenue & Finance Committee
3/22/2013	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

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