SB 1147

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate Mar 31, 2023
  • Passed Senate Mar 30, 2023
  • House
  • Governor

Revenue-Tech

Abstract

Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title. Senate Floor Amendment No. 1 Deletes reference to: 35 ILCS 5/101 from Ch. 120, par. 1-101 Adds reference to: 35 ILCS 5/201 Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" does not include certain distributions to retired partners or shareholders under a retirement or disability plan, to the extent that those distributions are exempt from tax under specified provisions of the Act. Effective immediately. Senate Floor Amendment No. 2 Makes a technical correction concerning a cross reference.

Bill Sponsors (2)

Votes


Actions


Apr 28, 2023

House

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

Apr 18, 2023

House

Assigned to Revenue & Finance Committee

Apr 11, 2023

House

First Reading

House

Referred to Rules Committee

Mar 31, 2023

House

Arrived in House

House

Alternate Chief Sponsor Changed to Rep. Ryan Spain

House

Chief House Sponsor Rep. Tony M. McCombie

Mar 30, 2023

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Revenue; 007-000-000

Senate

Third Reading - Passed; 057-000-000

Senate

Placed on Calendar Order of 3rd Reading

Senate

Senate Floor Amendment No. 2 Adopted; Stoller

Senate

Senate Floor Amendment No. 1 Adopted; Stoller

Senate

Recalled to Second Reading

Senate

Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000

Mar 28, 2023

Senate

Senate Floor Amendment No. 2 Assignments Refers to Revenue

Senate

Senate Floor Amendment No. 1 Assignments Refers to Revenue

Mar 21, 2023

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Win Stoller

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Mar 20, 2023

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Win Stoller

Mar 17, 2023

Senate

Chief Sponsor Changed to Sen. Win Stoller

Mar 10, 2023

Senate

Placed on Calendar Order of 3rd Reading March 21, 2023

Senate

Second Reading

Mar 09, 2023

Senate

Do Pass Executive; 011-000-000

Senate

Placed on Calendar Order of 2nd Reading March 10, 2023

Mar 02, 2023

Senate

Assigned to Executive

Feb 02, 2023

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. John F. Curran

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Senate Amendment 001 HTML PDF
Senate Amendment 002 HTML PDF

Related Documents

Document Format
No related documents.

Sources

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