Date	Chamber	Action
8/10/2018	House	Public Act . . . . . . . . . 100-0761

Statutes Amended In Order of Appearance

760 ILCS 15/10

from Ch. 30, par. 510

760 ILCS 15/15

from Ch. 30, par. 515

Synopsis As Introduced
Amends the Principal and Income Act. Provides that, only for oil or gas from non-coal formations held in nontrust estates and by legal tenants and remaindermen (instead of "with respect only to nontrust estates, for oil or gas from non-coal formations"), proceeds from the sale of such minerals produced and received as royalty, overriding royalty, limited royalty, working interest, net profit interest, time-limited interest or term interest, or lease bonus shall be deemed income. Deletes language providing that a Section concerning non-trust estates does not apply to life estates and remainder interests in oil or gas from non-coal formations, or royalties or overriding royalties created under leases of such minerals. Makes other changes.

Actions 

Date	Chamber	Action
2/14/2018	House	Filed with the Clerk by Rep. Ann M. Williams
2/14/2018	House	First Reading
2/14/2018	House	Referred to Rules Committee
3/7/2018	House	Assigned to Judiciary - Civil Committee
3/23/2018	House	To Civil Procedure Subcommittee
4/10/2018	House	Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000
4/10/2018	House	Reported Back To Judiciary - Civil Committee;
4/10/2018	House	Do Pass / Short Debate Judiciary - Civil Committee; 011-000-000
4/10/2018	House	Placed on Calendar 2nd Reading - Short Debate
4/19/2018	House	Chief Sponsor Changed to Rep. Barbara Wheeler
4/20/2018	House	Second Reading - Short Debate
4/20/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/24/2018	House	Third Reading - Short Debate - Passed 110-000-001
4/24/2018	Senate	Arrive in Senate
4/24/2018	Senate	Placed on Calendar Order of First Reading April 25, 2018
4/25/2018	Senate	Chief Senate Sponsor Sen. David Koehler
4/25/2018	Senate	First Reading
4/25/2018	Senate	Referred to Assignments
4/26/2018	Senate	Added as Alternate Co-Sponsor Sen. Paul Schimpf
5/1/2018	Senate	Assigned to Revenue
5/10/2018	Senate	Do Pass Revenue; 005-000-000
5/10/2018	Senate	Placed on Calendar Order of 2nd Reading May 15, 2018
5/15/2018	Senate	Second Reading
5/15/2018	Senate	Placed on Calendar Order of 3rd Reading May 16, 2018
5/17/2018	Senate	Third Reading - Passed; 053-000-000
5/17/2018	House	Passed Both Houses
6/15/2018	House	Sent to the Governor
8/10/2018	House	Governor Approved
8/10/2018	House	Effective Date January 1, 2019
8/10/2018	House	Public Act . . . . . . . . . 100-0761

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