Illinois General Assembly - Bill Status for HB3677
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB3677  93rd General Assembly


Short Description:  INC TAX-PENALTY FOR UNDERPYMNT

House Sponsors
Rep. Robert S. Molaro

Senate Sponsors
(Sen. Emil Jones, Jr.)

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/1002from Ch. 120, par. 10-1002


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the penalty imposed for underpayment of any tax due after December 31, 2003 shall be deemed assessed upon the assessment of the tax to which the penalty relates and shall be collected and paid on notice and demand in the same manner as the tax, except that, in the case of an underpayment of tax penalty that is imposed only after the expiration of the 30-day period allowed under the Uniform Penalty and Interest Act, the penalty shall be deemed assessed upon expiration of that 30-day period. Effective immediately.

 Fiscal Note (Department of Revenue)
 This bill will have no fiscal impact on the Department of Revenue or the State of Illinois.

Actions 
DateChamber Action
  2/28/2003HouseFiled with the Clerk by Rep. Robert S. Molaro
  2/28/2003HouseFirst Reading
  2/28/2003HouseReferred to Rules Committee
  3/5/2003HouseAssigned to Revenue Committee
  3/13/2003HouseDo Pass / Short Debate Revenue Committee; 009-000-000
  3/13/2003HousePlaced on Calendar 2nd Reading - Short Debate
  3/18/2003HouseFiscal Note Filed
  4/2/2003HouseSecond Reading - Short Debate
  4/2/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/3/2003HouseThird Reading - Short Debate - Passed 117-000-000
  4/4/2003SenateArrive in Senate
  4/4/2003SenatePlaced on Calendar Order of First Reading April 8, 2003
  5/13/2003SenateChief Senate Sponsor Sen. Emil Jones, Jr.
  5/14/2003SenateFirst Reading
  5/14/2003SenateReferred to Rules
  1/11/2005HouseSession Sine Die

Back To Top