91st General Assembly
Status of HB2692
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 Full Text  Bill Summary

   35 ILCS 5/304             from Ch. 120, par. 3-304                          

        Amends the Illinois Income Tax Act concerning persons other  than      
   residents  who  derive business income from this State and one or more      
   other  states.   Provides  that  these  persons  shall  compute  their      
   apportionment factor by weighting their property, payroll,  and  sales      
   factors  for the tax year ending on December 31, 1998 (instead  of for      
   tax years ending or or after December  31,  1998).    Thereafter,  the      
   apportionment   factor   is  equal  to  the  sales  factor.  Effective      
   99-02-22  H  FIRST READING                                                  
   99-02-22  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-24  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary