HB 2574

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Third-Party Reporting

Abstract

Amends the Illinois Income Tax Act. Provides that any person required to file a federal Form 1099 with respect to a nonresident who performed services within the State during the taxable year shall file a copy of that form with the Department of Revenue. Provides that a third-party settlement organization that is required to file an information return under certain provisions of the Internal Revenue Code shall, within 30 days of the date the filing is due to the Internal Revenue Service, file a duplicate return with the Department of Revenue. Provides that third-party network transactions are subject to the $600 de minimis reporting requirements set forth in the Internal Revenue Code, rather than the de minimis reporting requirements otherwise applicable to third-party settlement organizations under the Internal Revenue Code.

Bill Sponsors (1)

Votes


No votes to display

Actions


Mar 29, 2019

House

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

House

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

Mar 06, 2019

House

To Income Tax Subcommittee

Mar 05, 2019

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Feb 26, 2019

House

House Committee Amendment No. 1 Referred to Rules Committee

House

Assigned to Revenue & Finance Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski

Feb 13, 2019

House

Filed with the Clerk by Rep. Michael J. Zalewski

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.