Illinois General Assembly - Bill Status for HB3055
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB3055  100th General Assembly

Short Description:  INC TX-RETIREMENT

House Sponsors
Rep. David Harris

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the Illinois Income Tax Act. In the case of individuals, trusts, and estates, provides that a deduction for certain retirement income is limited to (i) $75,000 if the taxpayer or beneficiary is younger than 65 years of age during the taxable year or (ii) $100,000 if the taxpayer or beneficiary is 65 years of age or older during the taxable year (including the taxable year in which the beneficiary turns 65 years of age). Effective immediately.

DateChamber Action
  2/9/2017HouseFiled with the Clerk by Rep. David Harris
  2/9/2017HouseFirst Reading
  2/9/2017HouseReferred to Rules Committee
  2/22/2017HouseAssigned to Revenue & Finance Committee
  3/9/2017HouseTo Income Tax Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

Back To Top