Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 305/5

from Ch. 124, par. 5

35 ILCS 5/201

from Ch. 120, par. 2-201

35 ILCS 5/207

from Ch. 120, par. 2-207

35 ILCS 5/804

from Ch. 120, par. 8-804

35 ILCS 5/901

from Ch. 120, par. 9-901

35 ILCS 405/2

from Ch. 120, par. 405A-2

30 ILCS 5/3-20 rep.

30 ILCS 105/5.787 rep.

30 ILCS 105/6z-85 rep.

30 ILCS 105/6z-86 rep.

30 ILCS 105/25.2 rep.

35 ILCS 5/202.5 rep.

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax imposed by Public Act 96-1496 to 3% for individuals, trusts, and estates and 4.8% for corporations (the rates in effect immediately prior to the effective date of Public Act 96-1496). Provides that the amendatory Act supersedes Public Act 96-1496 and that the rates shall be deemed to be 3% for individuals, trusts, and estates and 4.8% for corporations for the entire period beginning on the effective date of Public Act 96-1496 through the effective date of the amendatory Act and thereafter. Makes corresponding changes concerning the distribution of tax proceeds. Amends the Illinois Estate and Generation-Skipping Transfer Tax Act to reverse certain changes made by Public Act 96-1496. Effective immediately.

Actions 

Date	Chamber	Action
2/10/2011	Senate	Filed with Secretary by Sen. Matt Murphy
2/10/2011	Senate	First Reading
2/10/2011	Senate	Referred to Assignments
3/2/2011	Senate	Assigned to Executive
3/10/2011	Senate	To Executive Subcommittee on State Government Operations; - 3/16/2011 - Held
3/17/2011	Senate	Postponed - Executive
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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