Bill Status of SB0189  103rd General Assembly

Short Description:  INC TAX-NET INCOME

Senate Sponsors
Sen. Win Stoller

Last Action
DateChamber Action
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/201

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" includes certain distributions to retired partners or shareholders under a retirement or disability plan. Effective immediately.

DateChamber Action
  1/31/2023SenateFiled with Secretary by Sen. Win Stoller
  1/31/2023SenateFirst Reading
  1/31/2023SenateReferred to Assignments
  2/7/2023SenateAssigned to Revenue
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments