IL SB0604 | 2017-2018 | 100th General Assembly

Illinois Senate Bill 604 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that taxpayers (other than estates, trusts, partnerships, Subchapter S corporations, and farmers) are required to pay estimated tax if the amount payable can reasonably be expected to be more than $1,000 (currently, $500). Provides that corporations are required to pay estimated tax if the amount payable can reasonably be expected to be more than $400 (which is the same as current law).

Title

INC TX-ESTIMATED TAX

History

Date	Chamber	Action
2019-01-09	Senate	Session Sine Die
2018-09-30	Senate	Chief Sponsor Changed to Sen. William E. Brady
2017-03-17	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2017-03-17	Senate	Rule 3-9(a) / Re-referred to Assignments
2017-02-28	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
2017-02-22	Senate	To Subcommittee on Income Taxes
2017-02-16	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2017-02-16	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Pamela J. Althoff
2017-02-01	Senate	Assigned to Revenue
2017-01-24	Senate	Referred to Assignments
2017-01-24	Senate	First Reading
2017-01-24	Senate	Filed with Secretary by Sen. Pamela J. Althoff

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
35	5	803	Amended Code	Citation Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=604&GAID=14&DocTypeID=SB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/SB/10000SB0604.htm
Amendment	https://www.ilga.gov/legislation/100/SB/10000SB0604sam001.htm