Illinois General Assembly - Bill Status for HB0267

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that each beneficiary, other than an individual, of a trust or estate shall be allowed a deduction in the taxable year in which the final taxable year of the trust or estate ends. Provides that the deduction shall be treated as a carryover deduction. Contains provisions concerning the number of years in which the beneficiary may carry forward the deduction.

Actions

Date	Chamber	Action
1/23/2015	House	Filed with the Clerk by Rep. Natalie A. Manley
1/23/2015	House	First Reading
1/23/2015	House	Referred to Rules Committee
2/3/2015	House	Assigned to Revenue & Finance Committee
2/20/2015	House	To Income Tax Subcommittee
3/27/2015	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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