Illinois General Assembly - Bill Status for SB3189
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 Bill Status of SB3189  100th General Assembly


Senate Sponsors
Sen. John J. Cullerton

Last Action
DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/205from Ch. 120, par. 2-205

Synopsis As Introduced
Amends the Illinois Income Tax. Imposes a privilege tax on partnerships and S corporations engaged in the business of conducting investment management services at the rate of 20% of the fees calculated by reference to the performance of the investment portfolio funds and not from the investment itself.

DateChamber Action
  2/16/2018SenateFiled with Secretary by Sen. Daniel Biss
  2/16/2018SenateFirst Reading
  2/16/2018SenateReferred to Assignments
  1/6/2019SenateChief Sponsor Changed to Sen. John J. Cullerton
  1/9/2019SenateSession Sine Die

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