SB0145 - 104th General Assembly (2025-2026)

INC TX-FOREIGN TAX
Last Action

6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Senate Sponsors

Sen. Bill Cunningham
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
Actions

DateChamberAction
1/17/2025SenateFiled with Secretary by Sen. Bill Cunningham
1/17/2025SenateFirst Reading
1/17/2025SenateReferred to Assignments
1/28/2025SenateAssigned to Revenue
3/21/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025SenateRule 2-10 Committee Deadline Established As May 9, 2025
5/09/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025SenateRule 3-9(a) / Re-referred to Assignments