Date	Chamber	Action
1/8/2019	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

35 ILCS 5/205

from Ch. 120, par. 2-205

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a Personal Property Tax Replacement Income Tax in an additional amount equal to 7.5% of its net income shall be imposed on limited liability companies. Deletes language that exempts investment partnerships from a Personal Property Tax Replacement Income Tax.

Actions 

Date	Chamber	Action
2/13/2018	House	Filed with the Clerk by Rep. Emanuel Chris Welch
2/14/2018	House	First Reading
2/14/2018	House	Referred to Rules Committee
4/25/2018	House	Added Co-Sponsor Rep. Will Guzzardi
1/8/2019	House	Session Sine Die

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