<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3257   </title>
<shortdesc>INC TX-BUSINESS INCOME</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Martin A. Sandoval</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/304</reference><aliasreference>from Ch. 120, par. 3-304</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. With respect to the apportionment of business income for persons other than residents, provides that, for tax years ending on or after December 31, 2010, the income shall be apportioned using the property factor, payroll factor, and sales factor. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Martin A. Sandoval</action>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2010</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/24/2010</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

