Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/304

from Ch. 120, par. 3-304

35 ILCS 5/304.1 new

35 ILCS 5/1501

from Ch. 120, par. 15-1501

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that all the corporations, wherever incorporated or domiciled, that are members of a unitary business shall file a combined return as a combined group. Makes changes to the definition of "unitary business". Contains provisions concerning a water's edge election. Provides that, with respect to unitary business groups, "United States" means the 50 states of the United States, the District of Columbia, and United States' territories and possessions.

Actions 

Date	Chamber	Action
2/26/2021	Senate	Filed with Secretary by Sen. Robert Peters
2/26/2021	Senate	First Reading
2/26/2021	Senate	Referred to Assignments
4/21/2021	Senate	Added as Co-Sponsor Sen. Mike Simmons
5/7/2021	Senate	Added as Co-Sponsor Sen. Ram Villivalam
5/17/2021	Senate	Added as Co-Sponsor Sen. Omar Aquino
5/19/2021	Senate	Added as Co-Sponsor Sen. Robert F. Martwick
1/10/2023	Senate	Session Sine Die

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