Date	Chamber	Action
8/16/2013	House	Public Act . . . . . . . . . 98-0478

Statutes Amended In Order of Appearance

35 ILCS 5/304

from Ch. 120, par. 3-304

35 ILCS 5/305

from Ch. 120, par. 3-305

35 ILCS 5/307

from Ch. 120, par. 3-307

35 ILCS 5/308

from Ch. 120, par. 3-308

35 ILCS 5/502

from Ch. 120, par. 5-502

35 ILCS 5/1501

from Ch. 120, par. 15-1501

Synopsis As Introduced
Amends the Illinois Income Tax Act. In a Section concerning apportionment of business income, provides that, if the apportionment provisions do not fairly represent the market for the person's goods, services, or other sources of business income (instead of "the extent of a person's business activity in this State"), a person may petition for, or the Director may permit or require, the following: (1) separate accounting; (2) the exclusion of any one or more factors; (3) the inclusion of one or more additional factors; or (4) the employment of any other method to effectuate an equitable allocation and apportionment of the person's business income. Makes changes concerning gains or losses included in the net income of a nonresident partners and shareholders. Makes changes concerning unitary business groups. Makes other changes.

House Committee Amendment No. 1

	Deletes reference to:
	35 ILCS 5/1501

	Adds reference to:
	35 ILCS 5/709.5

Provides that provisions of the bill concerning nonresident partners and shareholders and composite returns apply for taxable years ending prior to December 31, 2014 (now December 31, 2013). Makes changes concerning withholdings by partnerships, Subchapter S corporations, and trusts. Removes provisions from the introduced bill concerning the definition of common ownership.

Senate Committee Amendment No. 1

	Deletes reference to:
	35 ILCS 5/305	from Ch. 120, par. 3-305

35 ILCS 5/307

from Ch. 120, par. 3-307

35 ILCS 5/308

from Ch. 120, par. 3-308

Deletes provisions from the engrossed bill concerning the apportionment of gains and losses on interests in partnerships and trusts and gains and losses from the disposition of stock in Subchapter S Corporations.

Actions 

Date	Chamber	Action
2/26/2013	House	Filed with the Clerk by Rep. Marcus C. Evans, Jr.
2/26/2013	House	First Reading
2/26/2013	House	Referred to Rules Committee
3/11/2013	House	Assigned to Revenue & Finance Committee
3/19/2013	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Marcus C. Evans, Jr.
3/19/2013	House	House Committee Amendment No. 1 Referred to Rules Committee
3/20/2013	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/21/2013	House	Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000
3/21/2013	House	House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
3/21/2013	House	Do Pass as Amended / Short Debate Revenue & Finance Committee; 010-000-000
3/21/2013	House	Placed on Calendar 2nd Reading - Short Debate
4/8/2013	House	Second Reading - Short Debate
4/8/2013	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/9/2013	House	Third Reading - Short Debate - Passed 111-000-000
4/10/2013	Senate	Arrive in Senate
4/10/2013	Senate	Placed on Calendar Order of First Reading April 11, 2013
4/12/2013	Senate	Chief Senate Sponsor Sen. John M. Sullivan
4/12/2013	Senate	First Reading
4/12/2013	Senate	Referred to Assignments
4/24/2013	Senate	Assigned to Revenue
5/7/2013	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan
5/7/2013	Senate	Senate Committee Amendment No. 1 Referred to Assignments
5/7/2013	Senate	Postponed - Revenue
5/7/2013	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
5/8/2013	Senate	Senate Committee Amendment No. 1 Adopted
5/9/2013	Senate	Do Pass as Amended Revenue; 009-000-000
5/9/2013	Senate	Placed on Calendar Order of 2nd Reading May 14, 2013
5/20/2013	Senate	Second Reading
5/20/2013	Senate	Placed on Calendar Order of 3rd Reading May 21, 2013
5/23/2013	Senate	Third Reading - Passed; 056-000-000
5/23/2013	House	Arrived in House
5/23/2013	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1
5/23/2013	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Marcus C. Evans, Jr.
5/23/2013	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
5/28/2013	House	Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
5/28/2013	House	Senate Committee Amendment No. 1 House Concurs 117-000-000
5/28/2013	House	House Concurs
5/28/2013	House	Passed Both Houses
6/19/2013	House	Sent to the Governor
8/16/2013	House	Governor Approved
8/16/2013	House	Effective Date January 1, 2014
8/16/2013	House	Public Act . . . . . . . . . 98-0478

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