90th General Assembly Status of SB1269    [ Home ]   [ Back ]   [ Legislation ]

Legislation:   Please enter a bill number.

PETERSON.

   35 ILCS 5/203             from Ch. 120, par. 2-203                          

        Amends the Illinois Income Tax Act.  Provides that, for  purposes      
   of  determining  the  base  income  of  a corporation, the amount of a      
   taxpayer's adjustment under Section 832(b)(5)(B)(i)  of  the  Internal      
   Revenue  Code  shall  not be treated as an amount of interest excluded      
   from gross income in the computation of taxable income.   Exempt  from      
   the sunset provisions of Section 250.  Effective January 1, 1999.           
   98-01-28  S  FIRST READING                                                  
   98-01-28  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 


 Full Text  Bill Summary