Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/203

from Ch. 120, par. 2-203

35 ILCS 5/304

from Ch. 120, par. 3-304

35 ILCS 5/1501

from Ch. 120, par. 15-1501

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides for a water's edge apportionment election for certain members of a unitary business group. Provides that, with respect to foreign corporations that make a water's edge election, the deduction for dividends is limited to 75%.

Actions 

Date	Chamber	Action
2/5/2019	Senate	Filed with Secretary by Sen. Heather A. Steans
2/5/2019	Senate	First Reading
2/5/2019	Senate	Referred to Assignments
2/6/2019	Senate	Assigned to Revenue
2/6/2019	Senate	Added as Co-Sponsor Sen. Mattie Hunter
2/7/2019	Senate	Added as Chief Co-Sponsor Sen. Toi W. Hutchinson
2/13/2019	Senate	Added as Chief Co-Sponsor Sen. Robert Peters
2/19/2019	Senate	Added as Chief Co-Sponsor Sen. Ram Villivalam
3/13/2019	Senate	Added as Co-Sponsor Sen. David Koehler
3/20/2019	Senate	Added as Co-Sponsor Sen. Emil Jones, III
3/20/2019	Senate	Postponed - Revenue
3/21/2019	Senate	Added as Co-Sponsor Sen. Don Harmon
3/22/2019	Senate	Added as Co-Sponsor Sen. John J. Cullerton
3/22/2019	Senate	Rule 3-9(a) / Re-referred to Assignments
3/26/2019	Senate	Added as Chief Co-Sponsor Sen. Melinda Bush
3/26/2019	Senate	Added as Co-Sponsor Sen. Elgie R. Sims, Jr.
3/27/2019	Senate	Added as Co-Sponsor Sen. Jacqueline Y. Collins
4/9/2019	Senate	Added as Co-Sponsor Sen. Cristina Castro
4/24/2019	Senate	Added as Co-Sponsor Sen. Laura Fine
5/29/2019	Senate	Added as Co-Sponsor Sen. Christopher Belt
5/30/2019	Senate	Added as Co-Sponsor Sen. Patricia Van Pelt
1/13/2021	Senate	Session Sine Die

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