Bill Status of SB2457 102nd General Assembly
Short Description: INC TX-GILTI APPORTIONMENT
Sen. Ram Villivalam - Mike Simmons, Robert Peters and Robert F. Martwick
| 4/16/2021||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Contains provisions concerning a deduction for income included in the taxpayer's federal adjusted gross income and deemed received under Section 951A (GILTI) or Section 952 (Subpart F) of the Internal Revenue Code.