Bill Status of HB1137 97th General Assembly
Short Description: INC TX-REFUND CARRYFORWARD
Rep. Jim Watson - David Reis
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a taxpayer may carry forward a tax refund to the following taxable year. Provides that income tax return forms shall contain appropriate explanations and spaces to enable the taxpayer to elect to carry forward their refund to the following taxable year.