IL SB3489 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-07-02 - Added as Co-Sponsor Sen. Sue Rezin
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-07-02 - Added as Co-Sponsor Sen. Sue Rezin
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a deduction for amounts that are disallowed as a deduction on the taxpayer's federal income tax return because of the $10,000 limitation under the federal Internal Revenue Code on deductions for certain State and local taxes. Effective immediately.
Title
INC TX-STATE AND LOCAL DEDUCT
Sponsors
| Sen. Chapin Rose [R] | Sen. Seth Lewis [R] | Sen. Win Stoller [R] | Sen. Jil Tracy [R] |
| Sen. Susan Rezin [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-02 | Senate | Added as Co-Sponsor Sen. Sue Rezin |
| 2024-06-26 | Senate | Added as Co-Sponsor Sen. Jil Tracy |
| 2024-06-11 | Senate | Added as Co-Sponsor Sen. Win Stoller |
| 2024-02-15 | Senate | Added as Chief Co-Sponsor Sen. Seth Lewis |
| 2024-02-09 | Senate | Referred to Assignments |
| 2024-02-09 | Senate | First Reading |
| 2024-02-09 | Senate | Filed with Secretary by Sen. Chapin Rose |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 203 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3489&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB3489.htm |
