PETERSON-PHILIP. (MOORE,ANDREA) 35 ILCS 5/203 from Ch. 120, par. 2-203 35 ILCS 5/207 from Ch. 120, par. 2-207 35 ILCS 5/405 new 35 ILCS 5/502 from Ch. 120, par. 5-502 35 ILCS 5/601.1 Ch. 120, par. 6-601.1 35 ILCS 5/905 from Ch. 120, par. 9-905 35 ILCS 5/911 from Ch. 120, par. 9-911 35 ILCS 105/9 from Ch. 120, par. 439.9 35 ILCS 105/10 from Ch. 120, par. 439.10 35 ILCS 110/3-10 from Ch. 120, par. 439.33-10 35 ILCS 110/9 from Ch. 120, par. 439.39 35 ILCS 115/3-10 from Ch. 120, par. 439.103-10 35 ILCS 115/9 from Ch. 120, par. 439.109 35 ILCS 120/3 from Ch. 120, par. 442 35 ILCS 630/6 from Ch. 120, par. 2006 Amends the Illinois Income Tax Act to provide that the Department of Revenue may credit the amount of any overpayment against any final tax liability for which collection is not otherwise barred. Provides that a corporation or partnership acquiring a similar entity's assets shall succeed to certain tax credits and net losses of the acquired entity. Provides that in the innocent spouse provisions for tax liabilities that are unpaid, an individual's liability under a joint return may not exceed the individual's separate return amount. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act and further amends the Illinois Income Tax Act. Provides that beginning October 1, 2000, a taxpayer with an annual tax liability of $50,000 or more shall make all payments to the Department by electronic funds transfer. After October 1, 2000, requires quarter monthly payments by taxpayers having an average monthly tax liability of $25,000 or more. Further amends the Service Use Tax Act and the Service Occupation Tax Act to provide that the 1% tax rate on food prepared for immediate consumption and transferred incident to a sale of service applies to an entity licensed under the Child Care Act of 1969. Amends the Telecommunications Excise Tax Act to provide that the Department may authorize the annual filing of a return if the retailers' average monthly tax billings do not exceed $50. Makes other changes. Effective immediately. SENATE AMENDMENT NO. 1. Restores for individuals, corporations, trusts and estates, and partnerships the deductions equal to the amounts disallowed as deductions under Sections 265(1) and (2) of the Internal Revenue Code for taxable years before 2000. HOUSE AMENDMENT NO. 1. Adds reference to: 35 ILCS 105/3-30 from Ch. 120, par. 439.3-30 35 ILCS 110/3-30 from Ch. 120, par. 439.33-30 35 ILCS 115/3-30 from Ch. 120, par. 439.103-30 35 ILCS 120/2-30 from Ch. 120, par. 441-30 Further amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act. Changes the exemption for graphic arts production to include certain processes, including ink jet printing, described in the North American Industry Classification System published by the U.S. Office of Management and Budget, 1997 edition. Provides that production does not include (i) the transfer of images onto paper or other tangible personal property by means of photocopying or (ii) final printed products in electronic or audio form, including the production of software or audio-books. HOUSE AMENDMENT NO. 2. Changes the amendatory provisions of the Illinois Income Tax Act, Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that beginning October 1, 2000, a taxpayer with an annual tax liability of $200,000 (instead of $50,000) or more shall make all payments to the Department of Revenue by electronic funds transfer. Provides that after October 1, 2000, taxpayers having an average monthly tax liability of $20,000 (instead of $25,000) or more shall make quarter monthly payments to the Department. HOUSE AMENDMENT NO. 3. Adds reference to: 35 ILCS 5/304 from Ch. 120, par. 3-304 Further amends the Illinois Income Tax Act concerning business income of nonresidents. Provides that gross receipts from the licensing, sale, or other disposition of a patent, copyright, trademark, or similar item of intangible personal property are in this State to the extent the item is utilized in this State during the year that the gross receipts are included in gross income. Sets out parameters for the place of utilization. Provides that the amendatory provisions apply to tax years ending on or after December 31, 1999, but that a taxpayer may elect to apply the provisions to prior tax years. HOUSE AMENDMENT NO. 4. Allows an income tax deduction for taxable years ending on or after the effective date of this amendatory Act (now beginning on or after January 1, 2000) for amounts disallowed as deductions by certain provisions of the Internal Revenue Code. 99-02-26 S FIRST READING 99-02-26 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE REVENUE 99-03-18 S AMENDMENT NO. 01-REVENUE S 99-03-18 S ADOPTED 99-03-18 S DO PASS AS AMENDED 008-000-000 SREV 99-03-18 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-19 99-03-19 S SECOND READING 99-03-19 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-22 99-03-23 S THIRD READING - PASSED 057-000-000 99-03-23 H ARRIVE IN HOUSE 99-03-23 H PLACED CALENDAR ORDER OF FIRST READING 99-03-24 H HOUSE SPONSOR MOORE,ANDREA 99-03-24 H FIRST READING 99-03-24 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-03-26 H ASSIGNED TO COMMITTEE REVENUE 99-04-29 H AMENDMENT NO. 01-REVENUE H 99-04-29 H ADOPTED 99-04-29 H AMENDMENT NO. 02-REVENUE H 99-04-29 H ADOPTED 99-04-29 H AMENDMENT NO. 03-REVENUE H 99-04-29 H ADOPTED 99-04-29 H AMENDMENT NO. 04-REVENUE H 99-04-29 H ADOPTED 99-04-29 H DO PASS AMENDED/SHORT DEBATE 008-000-000 HREV 99-04-29 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-05-04 H SECOND READING-SHORT DEBATE 99-05-04 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-05-05 H THIRD READING/SHORT DEBATE/PASSED 116-001-000 99-05-06 S SECRETARYS DESK - CONCURRENCE 01,02,03,04 99-05-11 S FILED WITH SECRETARY 99-05-11 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,03,04 99-05-11 S -PETERSON 99-05-11 S MOTION REFERRED TO SRUL 99-05-17 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,03,04 99-05-17 S -PETERSON 99-05-17 S RULES REFERS TO SREV 99-05-18 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,03,04 99-05-18 S -PETERSON 99-05-18 S BE APPROVED FOR CONSIDERATION SREV/007-000-000 99-05-18 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,03,04 99-05-18 S -PETERSON 99-05-18 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01,02,03, 99-05-18 S SEN CONCURS IN HSE AMENDMENTS (NO.) 04/059-000-000 99-05-18 S PASSED BOTH HOUSES 99-06-16 S SENT TO THE GOVERNOR 99-08-13 S GOVERNOR APPROVED 99-08-13 S EFFECTIVE DATE 99-08-13 99-08-13 S PUBLIC ACT.............................. 91-0541 END OF INQUIRY Full Text Bill Summary