HB 3055

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Retirement

Abstract

Amends the Illinois Income Tax Act. In the case of individuals, trusts, and estates, provides that a deduction for certain retirement income is limited to (i) $75,000 if the taxpayer or beneficiary is younger than 65 years of age during the taxable year or (ii) $100,000 if the taxpayer or beneficiary is 65 years of age or older during the taxable year (including the taxable year in which the beneficiary turns 65 years of age). Effective immediately.

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Jan 08, 2019

House

Session Sine Die

Mar 31, 2017

House

Rule 19(a) / Re-referred to Rules Committee

Mar 09, 2017

House

To Income Tax Subcommittee

Feb 22, 2017

House

Assigned to Revenue & Finance Committee

Feb 09, 2017

House

Filed with the Clerk by Rep. David Harris

House

Referred to Rules Committee

House

First Reading

Bill Text

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