IL HB3230 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the State Treasurer shall transfer each month from the General Revenue Fund to the Local Government Distributive Fund an amount equal to 1/10 of the net revenue realized under Act during the preceding month. Removes language pertaining to the amount of transfers from the General Revenue Fund to the Local Government Distributive Fund beginning February 1, 2015. Effective immediately.
Title
INC TX-LGDF IF RATE REDUCED
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2011-05-24 | House | Added Chief Co-Sponsor Rep. Robert W. Pritchard |
| 2011-03-17 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2011-02-28 | House | Assigned to Revenue & Finance Committee |
| 2011-02-24 | House | Referred to Rules Committee |
| 2011-02-24 | House | First Reading |
| 2011-02-24 | House | Filed with the Clerk by Rep. Sidney H. Mathias |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 901 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3230&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
| Text | https://www.ilga.gov/legislation/97/HB/09700HB3230.htm |
