SB 3456

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tx-Net Operating Loss

Abstract

Amends the Illinois Income Tax Act. Removes a provision for taxable years ending on or after December 31, 2021 and prior to December 31, 2024 limiting the net loss carryover deduction to $100,000. Effective immediately.

Bill Sponsors (2)

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Jan 10, 2023

Senate

Session Sine Die

Feb 16, 2022

Senate

Added as Co-Sponsor Sen. Chapin Rose

Jan 18, 2022

Senate

Filed with Secretary by Sen. Brian W. Stewart

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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Sources

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