HB 4381

  • Illinois House Bill
  • 99th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Deduct Manufacturing

Abstract

Amends the Illinois Income Tax Act. Creates a deduction for corporations in an amount equal to 100% of the portion of the taxpayer's Illinois net income for the taxable year that is earned by the taxpayer as a result of a manufacturing process. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 10, 2017

House

Session Sine Die

Apr 08, 2016

House

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

House

Rule 19(a) / Re-referred to Rules Committee

Apr 04, 2016

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Mar 29, 2016

House

To Income Tax Subcommittee

Mar 23, 2016

House

Assigned to Revenue & Finance Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. David McSweeney

House

House Committee Amendment No. 1 Referred to Rules Committee

Jan 14, 2016

House

Referred to Rules Committee

House

First Reading

Jan 06, 2016

House

Added Chief Co-Sponsor Rep. David B. Reis

Jan 05, 2016

House

Added Co-Sponsor Rep. Reginald Phillips

House

Added Co-Sponsor Rep. Jeanne M Ives

House

Added Co-Sponsor Rep. Joe Sosnowski

House

Added Co-Sponsor Rep. Dwight Kay

Jan 04, 2016

House

Filed with the Clerk by Rep. David McSweeney

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

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