Illinois General Assembly - Bill Status for HB0864
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 Bill Status of HB0864  93rd General Assembly


Short Description:  INCOME TAXATION-TECH

House Sponsors
Rep. Michael J. Madigan - Barbara Flynn Currie - Robert S. Molaro

Senate Sponsors
(Sen. Terry Link)

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/101from Ch. 120, par. 1-101


Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes technical changes in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
35 ILCS 171/4
Adds reference to:
New Act
35 ILCS 120/1cfrom Ch. 120, par. 440c
625 ILCS 45/3A-5from Ch. 95 1/2, par. 313A-5
220 ILCS 5/8-403.1from Ch. 111 2/3, par. 8-403.1
215 ILCS 5/416
820 ILCS 305/4d
5 ILCS 70/1.23from Ch. 1, par. 1024
35 ILCS 5/203from Ch. 120, par. 2-203
35 ILCS 5/205from Ch. 120, par. 2-205
35 ILCS 5/207from Ch. 120, par. 2-207
35 ILCS 5/304from Ch. 120, par. 3-304
35 ILCS 5/305from Ch. 120, par. 3-305
35 ILCS 5/501from Ch. 120, par. 5-501
35 ILCS 5/502from Ch. 120, par. 5-502
35 ILCS 5/709.5 new
35 ILCS 5/711from Ch. 120, par. 7-711
35 ILCS 5/712from Ch. 120, par. 7-712
35 ILCS 5/713from Ch. 120, par. 7-713
35 ILCS 5/804from Ch. 120, par. 8-804
35 ILCS 5/905from Ch. 120, par. 9-905
35 ILCS 5/911from Ch. 120, par. 9-911
35 ILCS 5/1001from Ch. 120, par. 10-1001
35 ILCS 5/1002from Ch. 120, par. 10-1002
35 ILCS 5/1005from Ch. 120, par. 10-1005
35 ILCS 5/1007 new
35 ILCS 5/1008 new
35 ILCS 5/1405.5 new
35 ILCS 5/1405.6 new
35 ILCS 5/1501from Ch. 120, par. 15-1501

Deletes everything after the enacting clause. Creates the Tax Shelter Voluntary Compliance Act. Amends the Public Utilities Act concerning qualified solid waste energy facilities. Amends the Use and Occupation Tax Acts concerning the Manufacturer's Purchase Credit. Amends the Illinois Insurance Code and the Worker's Compensation Act concerning the Industrial Commission Operations Fund Surcharge. Amends the Statute on Statutes concerning the economic substance doctrine. Amends the Illinois Income Tax Act concerning (i) tax shelters, (ii) federal bonds, (iii) net operating losses, (iv) the definition of business income, (v) income apportionable to Illinois, (vi) partnership and subchapter S corporation withholding, and (vii) tax havens. Exempts small business persons. Effective immediately, except some parts effective July 1, 2004. Not effective unless House Bill 4266 becomes law.

Actions 
DateChamber Action
  1/31/2003HouseFiled with the Clerk by Rep. Michael J. Madigan
  1/31/2003HouseChief Co-Sponsor Rep. Barbara Flynn Currie
  1/31/2003HouseChief Co-Sponsor Rep. Robert S. Molaro
  1/31/2003HouseFirst Reading
  1/31/2003HouseReferred to Rules Committee
  2/4/2003HouseAssigned to Executive Committee
  3/12/2003HouseDo Pass / Short Debate Executive Committee; 010-000-000
  3/12/2003HousePlaced on Calendar 2nd Reading - Short Debate **
  3/31/2003HouseSecond Reading - Short Debate
  3/31/2003HouseHeld on Calendar Order of Second Reading - Short Debate **
  4/2/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate **
  4/3/2003HouseThird Reading - Short Debate - Passed 069-044-004
  4/8/2003SenateArrive in Senate
  4/8/2003SenatePlaced on Calendar Order of First Reading April 9, 2003
  4/8/2003SenateChief Senate Sponsor Sen. Emil Jones, Jr.
  4/8/2003SenateFirst Reading
  4/8/2003SenateReferred to Rules
  4/16/2003SenateAssigned to Executive
  5/1/2003SenateDo Pass Executive; 007-004-000
  5/1/2003SenatePlaced on Calendar Order of 2nd Reading May 6, 2003
  5/6/2003SenateSecond Reading
  5/6/2003SenatePlaced on Calendar Order of 3rd Reading May 7, 2003
  5/16/2003SenateThird Reading Deadline Extended - Rule 2-10, to December 31, 2003.
  7/1/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  5/13/2004SenateThird Reading Deadline Extended - Rule 2-10, extended to January 11, 2005.
  5/17/2004SenateApproved for Consideration Rules
  5/17/2004SenatePlaced on Calendar Order of 3rd Reading May 18, 2004
  5/31/2004SenateAlternate Chief Sponsor Changed to Sen. Terry Link
  5/31/2004SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Terry Link
  5/31/2004SenateSenate Floor Amendment No. 1 Referred to Rules
  5/31/2004SenateSenate Floor Amendment No. 1 Be Approved for Consideration Rules
  5/31/2004SenateRecalled to Second Reading
  5/31/2004SenateSenate Floor Amendment No. 1 Adopted; Link
  5/31/2004SenatePlaced on Calendar Order of 3rd Reading
  5/31/2004SenateThird Reading - Passed; 033-020-003
  6/1/2004HouseArrived in House
  6/1/2004HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  6/30/2004HouseFinal Action Deadline Extended-9(b) July 15, 2004
  7/15/2004HouseFinal Action Deadline Extended-9(b) JULY 31, 2004
  7/31/2004HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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