Bill Status of HB 2558   98th General Assembly


Short Description:  INVESTED CAPITAL-REPEAL CAP

House Sponsors
Rep. John E. Bradley

Last Action  View All Actions

DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 620/2a.1from Ch. 120, par. 469a.1

Synopsis As Introduced
Amends the Public Utilities Revenue Act. Provides that a provision of the Act requiring the Department to issue credits to taxpayers if the total amount received by the Department exceeds $145,279,553 plus an amount equal to the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index during the immediately preceding taxable period of the total amount received by the Department for the immediately preceding taxable period applies only for taxable periods ending on or before December 31, 2012. Effective immediately.

Actions 
DateChamber Action
  2/21/2013HouseFiled with the Clerk by Rep. John E. Bradley
  2/21/2013HouseFirst Reading
  2/21/2013HouseReferred to Rules Committee
  3/4/2013HouseAssigned to Revenue & Finance Committee
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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