Illinois General Assembly - Bill Status for HB2574

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that any person required to file a federal Form 1099 with respect to a nonresident who performed services within the State during the taxable year shall file a copy of that form with the Department of Revenue. Provides that a third-party settlement organization that is required to file an information return under certain provisions of the Internal Revenue Code shall, within 30 days of the date the filing is due to the Internal Revenue Service, file a duplicate return with the Department of Revenue. Provides that third-party network transactions are subject to the $600 de minimis reporting requirements set forth in the Internal Revenue Code, rather than the de minimis reporting requirements otherwise applicable to third-party settlement organizations under the Internal Revenue Code.

Actions

Date	Chamber	Action
2/13/2019	House	Filed with the Clerk by Rep. Michael J. Zalewski
2/13/2019	House	First Reading
2/13/2019	House	Referred to Rules Committee
2/26/2019	House	Assigned to Revenue & Finance Committee
2/26/2019	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
2/26/2019	House	House Committee Amendment No. 1 Referred to Rules Committee
3/5/2019	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/6/2019	House	To Income Tax Subcommittee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
3/29/2019	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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