HB1396 - 104th General Assembly

INC TX-FOREIGN TAX
Last Action
4/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 5/601from Ch. 120, par. 6-601
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
Actions
Date Chamber Action
1/15/2025 House Filed with the Clerk by Rep. Curtis J. Tarver, II
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/11/2025 House Assigned to Revenue & Finance Committee
2/20/2025 House Added Co-Sponsor Rep. Margaret Croke
3/13/2025 House Do Pass / Short Debate Revenue & Finance Committee; 018-000-000
3/13/2025 House Placed on Calendar 2nd Reading - Short Debate
3/17/2025 House Added Co-Sponsor Rep. Daniel Didech
3/17/2025 House Added Co-Sponsor Rep. Joe C. Sosnowski
3/24/2025 House Added Co-Sponsor Rep. Emanuel "Chris" Welch
3/26/2025 House Second Reading - Short Debate
3/26/2025 House Held on Calendar Order of Second Reading - Short Debate
4/11/2025 House Rule 19(a) / Re-referred to Rules Committee