Illinois General Assembly - Full Text of SB1719
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Full Text of SB1719  100th General Assembly

SB1719sam001 100TH GENERAL ASSEMBLY

Sen. Daniel Biss

Filed: 5/3/2017

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 1719

2    AMENDMENT NO. ______. Amend Senate Bill 1719 on page 2,
3line 21, after "Act,", by inserting "beginning on July 1,
42017,"; and
 
5on page 2, line 23, by replacing "of 20%" with "at the rate of
620% of the fees earned from the investment strategy of the
7investment manager and not from the investment itself; the
8privilege tax shall be imposed"; and
 
9on page 5, by deleting lines 7 through 10.