IL HB3580 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 17 2023 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that the amendatory Act may be referred to as the Reshore Our Supply Chains Tax Reform Act. In specified provisions concerning base income, provides that a taxpayer may claim a depreciation deduction for federal income tax purposes.

Tracking Information

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Title

RESHORE OUR SUPPLY CHAINS

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-08HouseTo Revenue - Sales, Amusement and Other Taxes Subcommittee
2024-02-28HouseAssigned to Revenue & Finance Committee
2023-03-23HouseAdded Chief Co-Sponsor Rep. Martin McLaughlin
2023-03-16HouseAdded Co-Sponsor Rep. Chris Miller
2023-03-10HouseRule 19(a) / Re-referred to Rules Committee
2023-03-09HouseTo Revenue - Sales, Amusement and Other Taxes Subcommittee
2023-02-28HouseAssigned to Revenue & Finance Committee
2023-02-17HouseReferred to Rules Committee
2023-02-17HouseFirst Reading
2023-02-17HouseFiled with the Clerk by Rep. Blaine Wilhour

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355203Amended CodeCitation Text

Illinois State Sources


Bill Comments

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