State of Illinois
90th General Assembly
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90_HB1721

      35 ILCS 5/202             from Ch. 120, par. 2-202
          Amends the Illinois Income Tax Act.   Makes  a  technical
      change in the Section defining "net income".
                                                     LRB9002163DNpk
                                               LRB9002163DNpk
 1        AN  ACT  to amend the Illinois Income Tax Act by changing
 2    Section 202.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.   The  Illinois  Income Tax Act is amended by
 6    changing Section 202 as follows:
 7        (35 ILCS 5/202) (from Ch. 120, par. 2-202)
 8        Sec. 202. Net Income Defined. In general. For purposes of
 9    this Act, a taxpayer's net income for a taxable year shall be
10    that portion of his or her base income for such  year  except
11    money  and  other  benefits, other than salary, received by a
12    driver in a ridesharing arrangement using  a  motor  vehicle,
13    which  is  allocable  to  this  State under the provisions of
14    Article 3, less the standard exemption allowed by Section 204
15    and the deduction allowed by Section 207.
16    (Source: P.A. 85-731.)

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