Illinois General Assembly - Bill Status for SB1341

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Bill Status of SB1341 101st General Assembly

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Short Description: INC TX-LGDF DEPOSITS

Senate Sponsors
Sen. Steven M. Landek

Last Action

Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/901

from Ch. 120, par. 9-901

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, beginning on July 1, 2019, the amount transferred from the General Revenue Fund to the Local Government Distributive Fund shall be equal to 1/10 of the net revenue realized from the income tax imposed on individuals, trusts, estates, and corporations during the preceding month (currently, 6.06% of the net revenue realized from the income tax imposed upon individuals, trusts, and estates and 6.85% of the net revenue realized from the income tax imposed upon corporations). Effective July 1, 2019.

Actions

Date	Chamber	Action
2/7/2019	Senate	Filed with Secretary by Sen. Steven M. Landek
2/7/2019	Senate	First Reading
2/7/2019	Senate	Referred to Assignments
2/13/2019	Senate	Assigned to Revenue
2/21/2019	Senate	Postponed - Revenue
3/6/2019	Senate	Postponed - Revenue
3/22/2019	Senate	Rule 2-10 Committee Deadline Established As March 28, 2019
3/28/2019	Senate	Rule 3-9(a) / Re-referred to Assignments
1/13/2021	Senate	Session Sine Die

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