IL HB3393 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 23-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Imposes a privilege tax at a rate of 20% on partnerships and S corporations engaged in the business of conducting investment management services, until such time as a federal law with an identical effect has been enacted. Provides for the determination of the tax due; defines "investment management services". Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

INC TAX-INVESTMENT MANAGEMENT

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2017-05-23HouseHouse Committee Amendment No. 1 Home Rule Note Filed as Amended
2017-04-28HouseRule 19(a) / Re-referred to Rules Committee
2017-04-27HouseHouse Committee Amendment No. 1 Judicial Note Filed as Amended
2017-04-27HouseAdded Co-Sponsor Rep. Kathleen Willis
2017-04-26HouseHeld on Calendar Order of Second Reading - Short Debate
2017-04-26HouseSecond Reading - Short Debate
2017-04-26HouseHouse Committee Amendment No. 1 Judicial Note Requested as Amended - Withdrawn by Rep. David McSweeney
2017-04-26HouseHouse Committee Amendment No. 1 Housing Affordability Impact Note Filed as Amended
2017-04-26HouseHouse Committee Amendment No. 1 Housing Affordability Impact Note Requested as Amended by Rep. David McSweeney
2017-04-25HouseHouse Committee Amendment No. 1 Fiscal Note Filed as Amended
2017-04-25HouseHouse Committee Amendment No. 1 Judicial Note Requested as Amended by Rep. David McSweeney
2017-04-24HouseAdded Co-Sponsor Rep. Camille Y. Lilly
2017-04-24HouseHouse Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. David McSweeney
2017-04-18HouseAdded Co-Sponsor Rep. Gregory Harris
2017-04-06HouseAdded Co-Sponsor Rep. Mary E. Flowers
2017-04-06HouseHouse Committee Amendment No. 1 Balanced Budget Note Filed as Amended
2017-03-30HouseHouse Committee Amendment No. 1 Pension Note Filed as Amended
2017-03-30HouseHouse Committee Amendment No. 1 State Debt Impact Note Filed as Amended
2017-03-29HouseHouse Committee Amendment No. 1 State Debt Impact Note Requested as Amended by Rep. David McSweeney
2017-03-29HouseHouse Committee Amendment No. 1 Pension Note Requested as Amended by Rep. David McSweeney
2017-03-29HouseHouse Committee Amendment No. 1 Balanced Budget Note Requested as Amended by Rep. David McSweeney
2017-03-29HouseHouse Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. David McSweeney
2017-03-29HouseHouse Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. David McSweeney
2017-03-23HouseAdded Co-Sponsor Rep. Christian L. Mitchell
2017-03-23HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
2017-03-23HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
2017-03-23HouseAdded Co-Sponsor Rep. Arthur Turner
2017-03-23HouseAdded Co-Sponsor Rep. Justin Slaughter
2017-03-23HouseAdded Co-Sponsor Rep. Will Guzzardi
2017-03-23HousePlaced on Calendar 2nd Reading - Short Debate
2017-03-23HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 007-004-000
2017-03-23HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
2017-03-23HouseReported Back To Revenue & Finance Committee;
2017-03-23HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 004-002-000
2017-03-22HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
2017-03-21HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2017-03-21HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch
2017-03-17HouseAdded Co-Sponsor Rep. Michael Halpin
2017-03-17HouseAdded Co-Sponsor Rep. Robert Rita
2017-03-16HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
2017-03-16HouseAdded Co-Sponsor Rep. Carol Ammons
2017-03-15HouseAdded Co-Sponsor Rep. La Shawn K. Ford
2017-03-15HouseAdded Co-Sponsor Rep. André Thapedi
2017-03-15HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
2017-03-15HouseAdded Co-Sponsor Rep. William Davis
2017-03-15HouseAdded Chief Co-Sponsor Rep. Silvana Tabares
2017-03-15HouseAdded Chief Co-Sponsor Rep. Litesa E. Wallace
2017-03-15HouseChief Co-Sponsor Changed to Rep. Theresa Mah
2017-03-15HouseAdded Chief Co-Sponsor Rep. Sonya M. Harper
2017-03-15HouseAdded Chief Co-Sponsor Rep. Theresa Mah
2017-03-14HouseRemoved Co-Sponsor Rep. Sonya M. Harper
2017-03-14HouseAdded Co-Sponsor Rep. Sonya M. Harper
2017-03-09HouseTo Growth, Reform & Fairness Subcommittee
2017-02-22HouseAssigned to Revenue & Finance Committee
2017-02-10HouseReferred to Rules Committee
2017-02-10HouseFirst Reading
2017-02-09HouseFiled with the Clerk by Rep. Emanuel Chris Welch

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355205Amended CodeCitation Text

Illinois State Sources


Bill Comments

LegiScan Search

View Top 50 Searches

Select area of search.
Find an exact bill number.
Search bill text and data. [help]
Reset

LegiScan Trends

View Top 50 National

NJ A1341 Requires certain group homes to install electronic monitoring devices in...
DC B25-0245 Establishment of Reasonable Controls for the Firearm Industry Amendment...
MA H2800 Relative to vehicle registration fees and sales tax for disabled veter...
CA SB441 Criminal procedure: discovery.
CA AB1413 Housing Accountability Act: disapprovals: California Environmental Quality...
NJ A4745 Requires contractor subject to prevailing wage law to provide orientation...
DC PR25-0824 Green Finance Authority Board Ricardo Nogueira Confirmation Resolution...
MA H2268 Relative to timely physician licensure
SC S1126 Constitutional amendment
MA S1509 Relative to 3D printed guns and ghost guns
feedback