HB 4454

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House Apr 16, 2008
  • Passed House Apr 15, 2008
  • Senate
  • Governor

Inc Tx-Accounting

Abstract

Amends the Illinois Income Tax Act. In a Section authorizing the Director of Revenue to make certain adjustments to base income if it appears to the Director that any agreement, understanding, or arrangement exists between any persons that causes any person's base income allocable to this State to be improperly or inaccurately reflected, limits the provision to non-business income and provides that the Director may not make these adjustment before the Department of Revenue adopts rules concerning the adjustments. Provides that, unless the principal purpose of the agreement, understanding, or arrangement is for the avoidance of federal or Illinois income tax, any adjustment made by the Director and the rules required to be adopted must be in accordance with certain provisions of the Internal Revenue Code. Effective immediately.

Bill Sponsors (2)

Votes


Actions


Jan 13, 2009

House

Session Sine Die

May 15, 2008

Senate

Rule 2-10 Committee Deadline Established As May 22, 2008; Substantive House Bills Out of Committee

Apr 23, 2008

Senate

Added as Alternate Co-Sponsor Sen. Martin A. Sandoval

Apr 16, 2008

Senate

Added as Alternate Chief Co-Sponsor Sen. Don Harmon

Senate

Chief Senate Sponsor Sen. Terry Link

Senate

Placed on Calendar Order of First Reading

Senate

Arrive in Senate

Senate

Referred to Rules

Senate

First Reading

Apr 15, 2008

House

Third Reading - Short Debate - Passed 109-000-000

Apr 09, 2008

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 2 Adopted by Voice Vote

Apr 08, 2008

House

House Floor Amendment No. 2 Recommends Be Adopted Revenue Committee; 009-000-000

Apr 07, 2008

House

House Floor Amendment No. 2 Rules Refers to Revenue Committee

Apr 03, 2008

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Mark H. Beaubien, Jr.

House

House Floor Amendment No. 2 Referred to Rules Committee

Apr 01, 2008

House

Held on Calendar Order of Second Reading - Short Debate

House

Recalled to Second Reading - Short Debate

Feb 28, 2008

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

Feb 22, 2008

House

Do Pass as Amended / Short Debate Revenue Committee; 011-000-000

House

Added Chief Co-Sponsor Rep. Gary Hannig

House

Added Chief Co-Sponsor Rep. Thomas Holbrook

House

Placed on Calendar 2nd Reading - Short Debate

House

House Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote

House

House Committee Amendment No. 1 Filed with Clerk by Revenue Committee

House

Recommends Do Pass Subcommittee/ Revenue Committee; 003-000-000

Feb 06, 2008

House

Assigned to Revenue Committee

Jan 18, 2008

House

Referred to Rules Committee

House

First Reading

Jan 17, 2008

House

Chief Co-Sponsor Rep. Barbara Flynn Currie

House

Filed with the Clerk by Rep. Mark H. Beaubien, Jr.

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
House Amendment 002
House Amendment 001

Sources

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