SB3799 - 104th General Assembly (2025-2026)

INC TX-ENTITY BASE
Last Action

2/06/2026 - Senate: Referred to Assignments
Senate Sponsors

Sen. Celina Villanueva
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced income method. Effective immediately.
Actions

DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Celina Villanueva
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments