Bill Title: Amends the Illinois Income Tax Act. Removes a provision for taxable years ending on or after December 31, 2021 and prior to December 31, 2024 limiting the net loss carryover deduction to $100,000. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2022-02-16 - Added as Co-Sponsor Sen. Chapin Rose [SB3456 Detail]

Text: Latest bill text (Introduced) [HTML]

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