Bill Status of SB0189 103rd General Assembly
Short Description: INC TAX-NET INCOME
Sen. Win Stoller
| 3/10/2023||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" includes certain distributions to retired partners or shareholders under a retirement or disability plan. Effective immediately.
|Date||Chamber|| Action|| 1/31/2023||Senate||Filed with Secretary by Sen. Win Stoller|| 1/31/2023||Senate||First Reading|| 1/31/2023||Senate||Referred to Assignments|| 2/7/2023||Senate||Assigned to Revenue|| 3/10/2023||Senate||Rule 3-9(a) / Re-referred to Assignments|