Larry McKeon
- Democratic
Primary
Amends the Illinois Income Tax Act. With respect to the apportionment of business income for persons other than residents, provides that for tax years ending on or after December 31, 2003 and before December 31, 2008 the income shall be apportioned using the property factor, payroll factor, and sales factor. Provides that for tax years ending on or after December 31, 2008, the income shall again be apportioned using the sales factor only. Effective immediately.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
Fiscal Note Filed
Assigned to Commerce and Business Development Committee
Filed with the Clerk by Rep. Larry McKeon
Referred to Rules Committee
First Reading
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