Bill Title: Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.

Sponsorship: Moderate Partisan Bill (Democrat 4-1)

Status: (Introduced) 2025-04-11 - Rule 19(a) / Re-referred to Rules Committee [HB1396 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2025-01-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB1396

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB1396 currently on file.