House Sponsors: MOORE. Short description: INCOME TAX DEDUCTION-S CORP Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that the deduction allowed for certain dividends paid by foreign corporations and included in taxable income is not allowed to a Subchapter S corporation for any tax year ending after December 31, 2001. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status