Date	Chamber	Action
1/10/2017	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/203

from Ch. 120, par. 2-203

35 ILCS 5/901

from Ch. 120, par. 9-901

35 ILCS 5/1501

from Ch. 120, par. 15-1501

30 ILCS 105/5.866 new

30 ILCS 105/6z-101 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to the deduction for qualified domestic production activities allowed under Section 199 of the Internal Revenue Code for the taxable year. Makes changes concerning the definition of "unitary business group". Provides that those moneys shall be deposited into the Bill Payment Trust Fund. Amends the State Finance Act to create the Fund. Effective immediately.

Senate Committee Amendment No. 2

	Adds reference to:
	35 ILCS 5/804	from Ch. 120, par. 8-804

Removes provisions from the introduced bill that (i) create the Bill Payment Trust Fund and (ii) provide for deposits into that Fund. Provides that no penalty shall apply with respect to an underpayment of estimated tax for the first, second, or third quarter of any taxable year ending on or after December 31, 2015 and ending prior to December 31, 2016 if (i) the underpayment was due to the changes made by the amendatory Act, (ii) the payment was otherwise timely made, and (iii) the balance due is included with the taxpayer's estimated tax payment for the fourth quarter.

Actions 

Date	Chamber	Action
2/3/2015	Senate	Filed with Secretary by Sen. Toi W. Hutchinson
2/3/2015	Senate	First Reading
2/3/2015	Senate	Referred to Assignments
2/11/2015	Senate	Assigned to Revenue
3/5/2015	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
3/5/2015	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/10/2015	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
3/11/2015	Senate	Added as Chief Co-Sponsor Sen. Melinda Bush
3/12/2015	Senate	Postponed - Revenue
3/12/2015	Senate	Senate Committee Amendment No. 1 Postponed - Revenue
3/13/2015	Senate	Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
3/17/2015	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson
3/17/2015	Senate	Senate Committee Amendment No. 2 Referred to Assignments
3/18/2015	Senate	Senate Committee Amendment No. 2 Assignments Refers to Revenue
3/18/2015	Senate	Senate Committee Amendment No. 2 Adopted
3/19/2015	Senate	Do Pass as Amended Revenue; 007-004-000
3/19/2015	Senate	Placed on Calendar Order of 2nd Reading March 24, 2015
3/24/2015	Senate	Second Reading
3/24/2015	Senate	Placed on Calendar Order of 3rd Reading March 25, 2015
3/27/2015	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
4/22/2015	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
4/24/2015	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
5/15/2015	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
10/8/2015	Senate	Rule 2-10 Third Reading Deadline Established As October 20, 2015
10/10/2015	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
1/10/2017	Senate	Session Sine Die

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