Tony McCombie
- Republican
- Representative
- District 89
Primary
Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that no franchise tax shall be imposed on foreign or domestic corporations on or after January 1, 2024 and repeals those provisions on January 1, 2025. Effective immediately.
No votes to display
Added Co-Sponsor Rep. Tom Weber
Added Co-Sponsor Rep. Jeff Keicher
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Tony M. McCombie
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| Introduced | HTML PDF |
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