IL SB2204 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the maximum withholding tax credit for full-time equivalent employees is determined by the metropolitan and nonmetropolitan area of the State that is the base of operations of the employee, as those areas are determined as of May 2017. Makes changes concerning the amount of the credit based on the metropolitan and nonmetropolitan area of the State. Makes technical corrections. Effective immediately.
Title
INC TX-WITHHOLDING CREDIT
Sponsors
| Sen. Dale Fowler [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-07 | Senate | Session Sine Die |
| 2024-03-15 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2024-01-10 | Senate | Re-assigned to Revenue |
| 2023-03-10 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2023-02-28 | Senate | Assigned to Revenue |
| 2023-02-10 | Senate | Referred to Assignments |
| 2023-02-10 | Senate | First Reading |
| 2023-02-10 | Senate | Filed with Secretary by Sen. Dale Fowler |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 704A | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2204&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB2204.htm |
