IL HB3475 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2022-02-18 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Extremely High Wealth Mark-to-Market Tax Act. Contains provisions concerning gains or losses of assets for individual taxpayers with net assets worth $50,000,000 or more. Effective immediately.

Tracking Information

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Title

REVENUE-HIGH WEALTH

Sponsors


History

DateChamberAction
2022-02-18HouseRule 19(a) / Re-referred to Rules Committee
2022-02-15HouseTo Income Tax Subcommittee
2022-02-09HouseAssigned to Revenue & Finance Committee
2021-05-14HouseAdded Co-Sponsor Rep. Anna Moeller
2021-05-07HouseAdded Co-Sponsor Rep. Will Guzzardi
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-16HouseAssigned to Revenue & Finance Committee
2021-02-22HouseReferred to Rules Committee
2021-02-22HouseFirst Reading
2021-02-19HouseFiled with the Clerk by Rep. Delia C. Ramirez

Illinois State Sources


Bill Comments

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