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

Statutes Amended In Order of Appearance

35 ILCS 5/1501

from Ch. 120, par. 15-1501

805 ILCS 180/50-10

Synopsis As Introduced
Amends the Illinois Income Tax Act. In provisions providing that a unitary business group does not include members whose business activity outside the United States is 80% or more of that member's total business activity, provides that the phrase "United States" means only the 50 states, the District of Columbia, and any area over which the United States has asserted jurisdiction or claimed exclusive rights with respect to the exploration for or exploitation of natural resources, but does not include any territory or possession of the United States (currently, for those purposes, "United States" means only the 50 states and the District of Columbia, but does not include any territory or possession of the United States or any area over which the United States has asserted jurisdiction or claimed exclusive rights with respect to the exploration for or exploitation of natural resources). Amends the Limited Liability Company Act. Reduces the fees for filing articles of organization, applications for admission, and restated articles of organization to $125 for a series LLC (currently, $750) and $75 for all other LLCs (currently, $500).

Actions 

Date	Chamber	Action
7/21/2014	House	Filed with the Clerk by Rep. David Harris
8/7/2014	House	Added Chief Co-Sponsor Rep. Robert W. Pritchard
11/6/2014	House	First Reading
11/6/2014	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

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