91st General Assembly
Status of SB1326
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   35 ILCS 5/201             from Ch. 120, par. 2-201                          

        Amends the Illinois Income Tax Act  in  provisions  concerning  a      
   rate  reduction  for  certain foreign insurers.  In language excluding      
   certain insurers from these provisions, provides  that  premiums  from      
   reinsurance  do  not include premiums from inter-affiliate reinsurance      
   arrangements (now reinsurance premiums do not include assumed premiums      
   from  inter-affiliate   pooling   arrangements).    Removes   language      
   eliminating these rate reduction provisions for tax years ending on or      
   after  January  1,  2001.   Exempts the rate reduction from the sunset      
   provisions.  Effective immediately.                                         
        SENATE AMENDMENT NO. 1.                                                
        Provides that for purposes of the subdivision concerning  certain      
   foreign  insurers,  an inter-affiliate includes a mutual insurer under      
   common management.                                                          
   00-01-12  S  FIRST READING                                                  
   00-01-12  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   00-01-20  S       ASSIGNED TO COMMITTEE               REVENUE               
   00-02-10  S                             AMENDMENT NO. 01-REVENUE       S    
   00-02-10  S                                   ADOPTED                       
   00-02-10  S       DO PASS AS AMENDED                  008-001-000   SREV    
   00-02-10  S  PLACED ON CALENDAR ORDER OF 2ND READING  00-02-15              
   00-02-15  S  SECOND READING                                                 
   00-02-15  S  PLACED ON CALENDAR ORDER OF 3RD READING  00-02-16              
   00-02-23  S  ADDED AS A CHIEF CO-SPONSOR              PARKER                
   00-02-23  S  THIRD READING - PASSED                   057-001-001           
   00-02-23  H  ARRIVE IN HOUSE                                                
   00-02-23  H  HOUSE SPONSOR                            MAUTINO               
   00-02-23  H  PLACED CALENDAR ORDER OF FIRST READING                         
   00-02-24  H  FIRST READING                                                  
   00-02-24  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-03-09  H       ASSIGNED TO COMMITTEE               INSURANCE             
   00-03-23  H  DO PASS/SHORT DEBATE                     012-000-000   HINS    
   00-03-23  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   00-03-24  H  SECOND READING-SHORT DEBATE                                    
   00-03-24  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   00-03-28  H  ADDED AS A JOINT SPONSOR                 LINDNER               
   00-03-28  H  ADDED AS A JOINT SPONSOR                 PARKE                 
   00-03-28  H  ADDED AS A JOINT SPONSOR                 MCKEON                
   00-03-29  H  THIRD READING/SHORT DEBATE/PASSED        118-000-000           
   00-03-29  S  PASSED BOTH HOUSES                                             
   00-03-29  H  ADDED AS A JOINT SPONSOR                 BLACK                 
   00-04-27  S  SENT TO THE GOVERNOR                                           
   00-06-22  S  GOVERNOR APPROVED                                              
   00-06-22  S                            EFFECTIVE DATE 00-06-22              
   00-06-22  S  PUBLIC ACT.............................. 91-0860               


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