91st General Assembly
Summary of HB1857
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House Sponsors:
MULLIGAN-TENHOUSE-COULSON.

Short description: 
INC TAX-LONG TERM GAINS DEDUCT                                             

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act  to  provide  a  deduction  in      
   taxable  year  1999  for  individuals in an amount equal to 50% of the      
   taxpayer's long-term capital gains. Effective immediately.                  
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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