David Harris
- Republican
Primary
Amends the Business Corporation Act of 1983. Removes the terms "franchise tax" and "franchise taxes" from the provisions of the Act. Repeals provisions concerning (i) franchise taxes payable by domestic and foreign corporations; (ii) the basis for computation of franchise taxes payable by domestic and foreign corporations; (iii) the rates of franchise taxes payable by domestic and foreign corporations; and (iv) computation and collection of annual franchise taxes by the Secretary of State. Makes other changes. Amends the Public Utilities Act, the State Housing Act, and the Illinois Vehicle Code by changing all references to franchise taxes imposed under the Business Corporation Act of 1983 to conform with the changes made to the Business Corporation Act of 1983 under the amendatory Act. Effective immediately.
No votes to display
Session Sine Die
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Carol Sente
Added Co-Sponsor Rep. Margo McDermed
Added Co-Sponsor Rep. Reginald Phillips
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. David Harris
To Sales and Other Taxes Subcommittee
Assigned to Revenue & Finance Committee
Added Chief Co-Sponsor Rep. Robert W. Pritchard
Filed with the Clerk by Rep. David Harris
Referred to Rules Committee
First Reading
| Bill Text Versions | Format |
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| Introduced | HTML |
| Document | Format |
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| House Amendment 001 |
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