Emanuel Chris Welch
- Democratic
Primary
Amends the Illinois Income Tax Act. Imposes a privilege tax at a rate of 20% on partnerships and S corporations engaged in the business of conducting investment management services, until such time as a federal law with an identical effect has been enacted. Provides for the determination of the tax due; defines "investment management services". Effective immediately.
Session Sine Die
House Committee Amendment No. 1 Home Rule Note Filed as Amended
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Kathleen Willis
House Committee Amendment No. 1 Judicial Note Filed as Amended
House Committee Amendment No. 1 Housing Affordability Impact Note Filed as Amended
Second Reading - Short Debate
House Committee Amendment No. 1 Judicial Note Requested as Amended - Withdrawn by Rep. David McSweeney
House Committee Amendment No. 1 Housing Affordability Impact Note Requested as Amended by Rep. David McSweeney
Held on Calendar Order of Second Reading - Short Debate
House Committee Amendment No. 1 Judicial Note Requested as Amended by Rep. David McSweeney
House Committee Amendment No. 1 Fiscal Note Filed as Amended
House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. David McSweeney
Added Co-Sponsor Rep. Camille Y. Lilly
Added Co-Sponsor Rep. Gregory Harris
Added Co-Sponsor Rep. Mary E. Flowers
House Committee Amendment No. 1 Balanced Budget Note Filed as Amended
House Committee Amendment No. 1 State Debt Impact Note Filed as Amended
House Committee Amendment No. 1 Pension Note Filed as Amended
House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. David McSweeney
House Committee Amendment No. 1 State Debt Impact Note Requested as Amended by Rep. David McSweeney
House Committee Amendment No. 1 Pension Note Requested as Amended by Rep. David McSweeney
House Committee Amendment No. 1 Balanced Budget Note Requested as Amended by Rep. David McSweeney
House Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. David McSweeney
Added Co-Sponsor Rep. Justin Slaughter
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 004-002-000
Reported Back To Revenue & Finance Committee;
House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
Do Pass as Amended / Short Debate Revenue & Finance Committee; 007-004-000
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Will Guzzardi
Added Co-Sponsor Rep. Arthur Turner
Added Co-Sponsor Rep. Jaime M. Andrade, Jr.
Added Co-Sponsor Rep. Kelly M. Cassidy
Added Co-Sponsor Rep. Christian L. Mitchell
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
Added Co-Sponsor Rep. Robert Rita
Added Co-Sponsor Rep. Michael Halpin
Added Co-Sponsor Rep. Carol Ammons
Added Co-Sponsor Rep. Marcus C. Evans, Jr.
Chief Co-Sponsor Changed to Rep. Theresa Mah
Added Chief Co-Sponsor Rep. Theresa Mah
Added Chief Co-Sponsor Rep. Sonya M. Harper
Added Co-Sponsor Rep. La Shawn K. Ford
Added Co-Sponsor Rep. André Thapedi
Added Co-Sponsor Rep. Elizabeth Hernandez
Added Co-Sponsor Rep. William Davis
Added Chief Co-Sponsor Rep. Silvana Tabares
Added Chief Co-Sponsor Rep. Litesa E. Wallace
Removed Co-Sponsor Rep. Sonya M. Harper
Added Co-Sponsor Rep. Sonya M. Harper
To Growth, Reform & Fairness Subcommittee
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Emanuel Chris Welch
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Document | Format |
|---|---|
| House Amendment 001 |
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