Bill Status of SB1901  103rd General Assembly

Short Description:  REVENUE-BULK SALES NOTICE

Senate Sponsors
Sen. Chapin Rose

Last Action
DateChamber Action
  2/9/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/902from Ch. 120, par. 9-902
35 ILCS 120/5jfrom Ch. 120, par. 444j


Synopsis As Introduced
Amends the Illinois Income Tax Act and the Retailers' Occupation Tax Act. Eliminates the bulk sales notice requirement if the only asset sold or transferred is real estate. Effective immediately.

Actions 
DateChamber Action
  2/9/2023SenateFiled with Secretary by Sen. Chapin Rose
  2/9/2023SenateFirst Reading
  2/9/2023SenateReferred to Assignments