Illinois General Assembly - Bill Status for HB5473
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 Bill Status of HB5473  97th General Assembly

Short Description:  INC TX-NET OPERATING LOSS

House Sponsors
Rep. Scott E. Penny - Lou Lang

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/207from Ch. 120, par. 2-207


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a limitation on net loss carryovers applies to losses for taxable years ending on or after December 31, 1999 and prior to December 31, 2003 and carried forward to years covered by the limitation period. Effective immediately.

Actions 
DateChamber Action
  2/10/2012HouseFiled with the Clerk by Rep. Lou Lang
  2/15/2012HouseFirst Reading
  2/15/2012HouseReferred to Rules Committee
  2/27/2012HouseAssigned to Revenue & Finance Committee
  3/7/2012HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
  3/7/2012HouseRemains in Revenue & Finance Committee
  3/7/2012HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
  3/7/2012HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/8/2012HouseDo Pass / Short Debate Revenue & Finance Committee; 009-000-000
  3/9/2012HousePlaced on Calendar 2nd Reading - Short Debate
  3/9/2012HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/22/2012HouseChief Sponsor Changed to Rep. Scott E. Penny
  3/22/2012HouseAdded Chief Co-Sponsor Rep. Lou Lang
  3/23/2012HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Scott E. Penny
  3/23/2012HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  3/27/2012HouseSecond Reading - Short Debate
  3/27/2012HouseHeld on Calendar Order of Second Reading - Short Debate
  3/30/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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