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<xml>
<title>Illinois General Assembly - Bill Status for HB 4194   </title>
<shortdesc>FOREIGN TAX HAVENS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Gary Hannig-Jack D. Franks-Donald L. Moffitt-Eddie Washington-Linda Chapa LaVia, Michael K. Smith, Monique D. Davis, Patricia Bailey, Patrick Verschoore, Mike Boland, Thomas Holbrook, Frank Aguilar, Maria Antonia Berrios, Steve Davis, Frank J. Mautino, Susana Mendoza and Jack McGuire</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Jeffrey M. Schoenberg-John J. Cullerton-Gary Forby-Susan Garrett, Don Harmon and Edward D. Maloney-James A. DeLeo)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 500/1-15.120 new</reference><aliasreference></aliasreference><reference>30 ILCS 500/45-10</reference><aliasreference></aliasreference><reference>30 ILCS 500/50-17 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/1501</reference><aliasreference>from Ch. 120, par. 15-1501</aliasreference><SynopsisText>     Amends the Procurement Code. Defines "expatriate corporation" as a foreign incorporated entity that (1) is publicly traded in the United States, (2) is incorporated in a tax haven, (3) less than 10% of the gross income of which is derived from activities in the tax haven, (4) less than 10% of the employees of which are permanently located in the tax haven, and (5) has certain ownership or other business interest connections with a domestic corporation or partnership. Provides that an expatriate corporation shall be considered a non-resident bidder. Provides that no business or member of a unitary business group, as defined in the Illinois Income Tax Act, shall submit a bid for or enter into a contract with a State agency under this Code if that business or any member of the unitary business group is an expatriate corporation. Amends the Illinois Income Tax Act. Provides that notwithstanding the definition of "unitary business group", any person formed or incorporated in a foreign tax haven may be a member of a unitary business group without regard to where its business activities are conducted. Lists those places that are "foreign tax havens". Provides that the term "foreign tax haven" also includes any foreign country that does not impose a substantial business income tax or other substantial business activity tax, as determined by the Department by rule. Effective July 1, 2004.</SynopsisText></synopsis>
<actions>
<statusdate>1/26/2004</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Gary Hannig</action>
<statusdate>1/26/2004</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>1/26/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/26/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/3/2004</statusdate><chamber>House</chamber><action>Referred to State Government Administration Committee</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Donald L. Moffitt</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Eddie Washington</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael K. Smith</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia Bailey</action>
<statusdate>2/19/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick Verschoore</action>
<statusdate>2/20/2004</statusdate><chamber>House</chamber><action>Do Pass / Short Debate State Government Administration Committee;  010-000-001</action>
<statusdate>2/20/2004</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thomas Holbrook</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Frank Aguilar</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Steve Davis</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Frank J. Mautino</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Susana Mendoza</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 113-000-001</action>
<statusdate>2/25/2004</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jack McGuire</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Jeffrey M. Schoenberg</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>3/2/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. John J. Cullerton</action>
<statusdate>3/3/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Gary Forby</action>
<statusdate>3/3/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Susan Garrett</action>
<statusdate>3/3/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. Edward D. Maloney</action>
<statusdate>3/10/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Don Harmon</action>
<statusdate>3/25/2004</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/31/2004</statusdate><chamber>Senate</chamber><action>Postponed - Executive</action>
<statusdate>4/26/2004</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Edward D. Maloney</action>
<statusdate>4/26/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Co-Sponsor Sen. Edward D. Maloney</action>
<statusdate>4/26/2004</statusdate><chamber>Senate</chamber><action>Added as Alternate Chief Co-Sponsor Sen. James A. DeLeo</action>
<statusdate>4/29/2004</statusdate><chamber>Senate</chamber><action>To Subcommittee</action>
<statusdate>4/30/2004</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

