HB 936

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

Inc Tx-Deduct Manufacturing

Abstract

Amends the Illinois Income Tax Act. Creates a deduction for business entities in an amount equal to 100% of the portion of the taxpayer's Illinois net income for the taxable year that is earned by the taxpayer as a result of a manufacturing process. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.

Bill Sponsors (1)

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Actions


Mar 29, 2019

House

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

Feb 14, 2019

House

To Income Tax Subcommittee

Feb 05, 2019

House

Assigned to Revenue & Finance Committee

Jan 28, 2019

House

Filed with the Clerk by Rep. David McSweeney

House

First Reading

House

Referred to Rules Committee

Bill Text

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