Date	Chamber	Action
1/9/2019	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/205

from Ch. 120, par. 2-205

Synopsis As Introduced
Amends the Illinois Income Tax. Imposes a privilege tax on partnerships and S corporations engaged in the business of conducting investment management services at the rate of 20% of the fees calculated by reference to the performance of the investment portfolio funds and not from the investment itself.

Actions 

Date	Chamber	Action
2/16/2018	Senate	Filed with Secretary by Sen. Daniel Biss
2/16/2018	Senate	First Reading
2/16/2018	Senate	Referred to Assignments
1/6/2019	Senate	Chief Sponsor Changed to Sen. John J. Cullerton
1/9/2019	Senate	Session Sine Die

Back To Top