Date	Chamber	Action
7/31/2015	House	Public Act . . . . . . . . . 99-0213

Statutes Amended In Order of Appearance

35 ILCS 5/1501

from Ch. 120, par. 15-1501

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the voting power or value of the beneficial interest or shares of a real estate investment trust does not include any voting power or value of beneficial interest or shares in a real estate investment trust held directly or indirectly in a segregated asset account by a life insurance company for the benefit of persons who are immune or exempt from taxation under subtitle A of the Internal Revenue Code.

House Committee Amendment No. 2
Provides that the provisions of the introduced bill apply to taxable years ending on or after August 16, 2007. Removes language providing that the provisions of the introduced bill are declarative of existing law. Provides that the bill is effective immediately.

Actions 

Date	Chamber	Action
2/24/2015	House	Filed with the Clerk by Rep. John Bradley
2/25/2015	House	First Reading
2/25/2015	House	Referred to Rules Committee
3/10/2015	House	Assigned to Revenue & Finance Committee
3/10/2015	House	House Committee Amendment No. 1 Filed with Clerk by Rep. John Bradley
3/10/2015	House	House Committee Amendment No. 1 Referred to Rules Committee
3/11/2015	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/13/2015	House	To Income Tax Subcommittee
3/18/2015	House	House Committee Amendment No. 2 Filed with Clerk by Rep. John Bradley
3/18/2015	House	House Committee Amendment No. 2 Referred to Rules Committee
3/18/2015	House	Added Chief Co-Sponsor Rep. David Harris
3/19/2015	House	House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
3/19/2015	House	Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
3/19/2015	House	Remains in Revenue & Finance Committee
3/19/2015	House	House Committee Amendment No. 2 Adopted in Revenue & Finance Committee; by Voice Vote
3/19/2015	House	Do Pass as Amended / Short Debate Revenue & Finance Committee; 013-000-000
3/19/2015	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
3/19/2015	House	Placed on Calendar 2nd Reading - Short Debate
4/17/2015	House	Second Reading - Short Debate
4/17/2015	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/20/2015	House	Third Reading - Short Debate - Passed 107-000-001
4/21/2015	Senate	Arrive in Senate
4/21/2015	Senate	Placed on Calendar Order of First Reading
4/21/2015	Senate	Chief Senate Sponsor Sen. Don Harmon
4/21/2015	Senate	First Reading
4/21/2015	Senate	Referred to Assignments
4/29/2015	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
4/29/2015	Senate	Added as Alternate Chief Co-Sponsor Sen. Toi W. Hutchinson
4/29/2015	Senate	Approved for Consideration Assignments
4/29/2015	Senate	Placed on Calendar Order of 2nd Reading April 30, 2015
5/18/2015	Senate	Second Reading
5/18/2015	Senate	Placed on Calendar Order of 3rd Reading May 19, 2015
5/19/2015	Senate	Third Reading - Passed; 055-000-000
5/19/2015	House	Passed Both Houses
6/17/2015	House	Sent to the Governor
7/31/2015	House	Governor Approved
7/31/2015	House	Effective Date July 31, 2015
7/31/2015	House	Public Act . . . . . . . . . 99-0213

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