Illinois General Assembly - Bill Status for HB5077

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Bill Status of HB5077 97th General Assembly

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Short Description: INC TX-LGDF TRANSFERS

House Sponsors
Rep. Sidney H. Mathias

Last Action

Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/901

from Ch. 120, par. 9-901

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the State Treasurer shall transfer each month from the General Revenue Fund to the Local Government Distributive Fund an amount equal to 1/10 of the net revenue realized under Act during the preceding month. Removes language pertaining to the amount of transfers from the General Revenue Fund to the Local Government Distributive Fund beginning February 1, 2015. Effective immediately.

Actions

Date	Chamber	Action
2/7/2012	House	Filed with the Clerk by Rep. Sidney H. Mathias
2/7/2012	House	First Reading
2/7/2012	House	Referred to Rules Committee
1/8/2013	House	Session Sine Die

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