Bill Status of HB 2955   97th General Assembly


Short Description:  REVENUE-VARIOUS

House Sponsors
Rep. Barbara Flynn Currie

Senate Sponsors
(Sen. Toi W. Hutchinson)


Last Action  View All Actions

DateChamber Action
  8/23/2011HousePublic Act . . . . . . . . . 97-0507

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203
35 ILCS 5/204from Ch. 120, par. 2-204
35 ILCS 5/205from Ch. 120, par. 2-205
35 ILCS 5/207from Ch. 120, par. 2-207
35 ILCS 5/214
35 ILCS 5/220
35 ILCS 5/304from Ch. 120, par. 3-304
35 ILCS 5/502from Ch. 120, par. 5-502
35 ILCS 5/506from Ch. 120, par. 5-506
35 ILCS 5/601from Ch. 120, par. 6-601
35 ILCS 5/701from Ch. 120, par. 7-701
35 ILCS 5/702from Ch. 120, par. 7-702
35 ILCS 5/703from Ch. 120, par. 7-703
35 ILCS 5/704A
35 ILCS 5/709.5
35 ILCS 5/804from Ch. 120, par. 8-804
35 ILCS 5/909from Ch. 120, par. 9-909
35 ILCS 5/911from Ch. 120, par. 9-911
35 ILCS 5/1002from Ch. 120, par. 10-1002
35 ILCS 5/1101from Ch. 120, par. 11-1101
35 ILCS 5/1402from Ch. 120, par. 14-1402
35 ILCS 5/1405.4
35 ILCS 5/1501from Ch. 120, par. 15-1501

Synopsis As Introduced
Amends the Illinois Income Tax Act to (i) include a deduction for a taxpayer who was required to add back insurance premiums in an amount equal to the amount of any reimbursement received from the insurance company for any loss covered by a policy for which those premiums were paid, to the extent of the federal income tax deduction that would have been allowable for the loss in computing adjusted gross income if not for the reimbursement, (ii) make changes concerning net losses, life insurance income, and withholding by partnerships, and (iii) make various administrative and technical changes. Makes other changes. Effective immediately.

House Floor Amendment No. 1
Further amends the Illinois Income Tax Act. Creates a deduction for amounts included in the taxpayer's federal adjusted gross income under Section 87 of the Internal Revenue Code (pertaining to an alcohol fuel credit). Provides that deductions for personal service income of a partnership and income distributable to entities that are subject to the Personal Property Tax Replacement Income Tax are not subject to the Act's automatic sunset provisions. Makes technical corrections.

Senate Floor Amendment No. 2
Provides that the deduction for amounts included in the taxpayer's adjusted gross income under Section 87 of the Internal Revenue Code (pertaining to an alcohol fuel credit) applies for taxable years ending on or after December 31, 2008 (instead of taxable years ending on or after December 31, 2011).

Actions 
DateChamber Action
  2/22/2011HouseFiled with the Clerk by Rep. Barbara Flynn Currie
  2/23/2011HouseFirst Reading
  2/23/2011HouseReferred to Rules Committee
  2/28/2011HouseAssigned to Revenue & Finance Committee
  3/17/2011HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
  3/17/2011HouseRemains in Revenue & Finance Committee
  3/17/2011HouseDo Pass / Short Debate Revenue & Finance Committee; 009-000-000
  3/17/2011HousePlaced on Calendar 2nd Reading - Short Debate
  4/1/2011HouseSecond Reading - Short Debate
  4/1/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/5/2011HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
  4/5/2011HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/12/2011HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
  4/13/2011HouseRecalled to Second Reading - Short Debate
  4/13/2011HouseHouse Floor Amendment No. 1 Adopted by Voice Vote
  4/13/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/13/2011HouseThird Reading - Short Debate - Passed 082-034-000
  4/14/2011SenateArrive in Senate
  4/14/2011SenatePlaced on Calendar Order of First Reading April 15, 2011
  4/25/2011SenateChief Senate Sponsor Sen. Toi W. Hutchinson
  4/27/2011SenateFirst Reading
  4/27/2011SenateReferred to Assignments
  5/4/2011SenateAssigned to Revenue
  5/11/2011SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
  5/11/2011SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/11/2011SenateDo Pass Revenue; 010-000-000
  5/11/2011SenatePlaced on Calendar Order of 2nd Reading May 12, 2011
  5/13/2011SenateSecond Reading
  5/13/2011SenatePlaced on Calendar Order of 3rd Reading May 16, 2011
  5/16/2011SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson
  5/16/2011SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/17/2011SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
  5/19/2011SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 006-000-000
  5/19/2011SenateRecalled to Second Reading
  5/19/2011SenateSenate Floor Amendment No. 2 Adopted; Hutchinson
  5/19/2011SenatePlaced on Calendar Order of 3rd Reading May 20, 2011
  5/22/2011SenateThird Reading - Passed; 043-000-000
  5/22/2011SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
  5/22/2011HouseArrived in House
  5/22/2011HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 2
  5/23/2011HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Barbara Flynn Currie
  5/23/2011HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
  5/27/2011HouseSenate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 003-001-000
  5/28/2011HouseSenate Floor Amendment No. 2 House Concurs 089-014-000
  5/28/2011HousePassed Both Houses
  6/24/2011HouseSent to the Governor
  8/23/2011HouseGovernor Approved
  8/23/2011HouseEffective Date August 23, 2011
  8/23/2011HousePublic Act . . . . . . . . . 97-0507

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