IL SB3257 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2010 - 25% progression, died in committee
Action: 2010-03-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. With respect to the apportionment of business income for persons other than residents, provides that, for tax years ending on or after December 31, 2010, the income shall be apportioned using the property factor, payroll factor, and sales factor. Effective immediately.

Tracking Information

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Title

INC TX-BUSINESS INCOME

Sponsors


History

DateChamberAction
2010-03-08 Rule 3-9(a) / Re-referred to Assignments
2010-03-08 Postponed - Revenue
2010-02-24 Assigned to Revenue
2010-02-09 Referred to Assignments
2010-02-09 First Reading
2010-02-09 Filed with Secretary by Sen. Martin A. Sandoval

Illinois State Sources


Bill Comments

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