SB 3189

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

Inc Tax-Investment Management

Abstract

Amends the Illinois Income Tax. Imposes a privilege tax on partnerships and S corporations engaged in the business of conducting investment management services at the rate of 20% of the fees calculated by reference to the performance of the investment portfolio funds and not from the investment itself.

Bill Sponsors (1)

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Jan 09, 2019

Senate

Session Sine Die

Jan 06, 2019

Senate

Chief Sponsor Changed to Sen. John J. Cullerton

Feb 16, 2018

Senate

Filed with Secretary by Sen. Daniel Biss

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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