Illinois General Assembly - Bill Status for HB5343

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2012, the rate of tax imposed on the portion of the taxpayer's net income that is attributable to a subchapter S corporation is 3%. Effective immediately.

Actions

Date	Chamber	Action
2/8/2012	House	Filed with the Clerk by Rep. Bill Mitchell
2/8/2012	House	First Reading
2/8/2012	House	Referred to Rules Committee
2/21/2012	House	Added Chief Co-Sponsor Rep. Sidney H. Mathias
1/8/2013	House	Session Sine Die

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