91st General Assembly
Status of SB0314
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 Full Text  Bill Summary

   35 ILCS 5/203             from Ch. 120, par. 2-203                          

        Amends the Illinois Income Tax  Act.   Creates  a  deduction  for      
   corporations  in  an  amount  equal  to  25%  of  the original cost of      
   construction and installation of any cellular tower or  like  facility      
   for    which    an   agreement   to   jointly   share   with   another      
   telecommunications carrier has been entered into or otherwise  renewed      
   or  extended  after  January  1,  1998. Provides that the deduction is      
   available in tax years beginning on  or  after  January  1,  1999  and      
   ending on or before December 30, 2004.                                      
   99-02-17  S  FIRST READING                                                  
   99-02-17  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-17  S       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-18  S       TO SUBCOMMITTEE                                           
   99-03-18  S                   COMMITTEE               REVENUE               
   99-03-20  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   01-01-09  S  SESSION SINE DIE                                               


 Full Text  Bill Summary