Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/255 new

35 ILCS 5/260 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that no corporate entity may claim an income tax credit, deduction, or exemption that is created by an Act of the General Assembly that first takes effect on or after the effective date of this amendatory Act of the 98th General Assembly. Provides that no credit, deduction, or exemption that is available to corporate entities on the effective date of this amendatory Act of the 98th General Assembly may be expanded by an Act of the General Assembly or by a rule adopted by a State agency. Creates a Corporate Tax Incentive Accountability Commission. Effective immediately.

Actions 

Date	Chamber	Action
2/13/2014	House	Filed with the Clerk by Rep. Kelly M. Cassidy
2/14/2014	House	Added Chief Co-Sponsor Rep. Ann Williams
2/14/2014	House	First Reading
2/14/2014	House	Referred to Rules Committee
3/3/2014	House	Assigned to Revenue & Finance Committee
3/11/2014	House	To Income Tax Subcommittee
3/21/2014	House	Added Chief Co-Sponsor Rep. Mike Smiddy
3/28/2014	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

Back To Top