Win Stoller
- Republican
- Senator
- District 37
Primary
Amends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code, or as otherwise agreed by the partners or shareholders, provided that such agreement shall be executed in writing prior to the due date of the return for the taxable year and meet such other requirements as the Department of Revenue may establish by rule.
Effective Date January 1, 2024
Governor Approved
Public Act . . . . . . . . . 103-0396
Sent to the Governor
Passed Both Houses
Third Reading - Short Debate - Passed 110-000-000
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Revenue & Finance Committee; 019-000-000
Assigned to Revenue & Finance Committee
First Reading
Arrived in House
Chief House Sponsor Rep. Steven Reick
Referred to Rules Committee
Third Reading - Passed; 057-000-000
Placed on Calendar Order of 3rd Reading ** March 24, 2023
Placed on Calendar Order of 3rd Reading March 22, 2023
Second Reading
Do Pass Revenue; 009-000-000
Placed on Calendar Order of 2nd Reading March 10, 2023
Assigned to Revenue
First Reading
Referred to Assignments
Filed with Secretary by Sen. Win Stoller
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Enrolled | HTML PDF |
| Document | Format |
|---|---|
| Public Act |
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