Bill Status of SB 3215   97th General Assembly

Short Description:  INC TX-NET LOSS-REMOVE CAP

Senate Sponsors
Sen. Susan Garrett

Last Action  View All Actions

DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/207from Ch. 120, par. 2-207

Synopsis As Introduced
Amends the Illinois Income Tax Act. Removes a provision limiting the net loss carryover deduction to $100,000 for any taxable year ending on or after December 31, 2012 and prior to December 31, 2014. Effective immediately.

Actions 
DateChamber Action
  2/1/2012SenateFiled with Secretary by Sen. Susan Garrett
  2/1/2012SenateFirst Reading
  2/1/2012SenateReferred to Assignments
  2/7/2012SenateAssigned to Revenue
  3/1/2012SenateTo Revenue Subcommittee on Special Issues
  3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012
  3/30/2012SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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