John Curran
- Republican
- Senator
- District 41
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
Rule 3-9(a) / Re-referred to Assignments
Added as Co-Sponsor Sen. Neil Anderson
Re-assigned to Revenue
Added as Co-Sponsor Sen. Sally J. Turner
Added as Co-Sponsor Sen. Craig Wilcox
Added as Co-Sponsor Sen. Andrew S. Chesney
Added as Co-Sponsor Sen. Win Stoller
Added as Chief Co-Sponsor Sen. Jason Plummer
Added as Co-Sponsor Sen. Dave Syverson
Rule 3-9(a) / Re-referred to Assignments
Assigned to Revenue
Filed with Secretary by Sen. John F. Curran
Referred to Assignments
First Reading
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| Introduced | HTML PDF |
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| No related documents. |
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