Toi W. Hutchinson
- Democratic
Primary
Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to the deduction for qualified domestic production activities allowed under Section 199 of the Internal Revenue Code for the taxable year. Makes changes concerning the definition of "unitary business group". Provides that moneys attributable to those changes shall be deposited into the Bill Payment Trust Fund. Amends the State Finance Act to create the Bill Payment Trust Fund. Provides that moneys in the Bill Payment Trust Fund shall be used to make payments to certain bona fide creditors of the State. Effective immediately.
No votes to display
Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Postponed - Revenue
Rule 2-10 Committee Deadline Established As April 11, 2014
Postponed - Revenue
Postponed - Revenue
Postponed - Revenue
Assigned to Revenue
Filed with Secretary by Sen. Toi W. Hutchinson
Referred to Assignments
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.