Bill Texts: IL HB3580 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that the amendatory Act may be referred to as the Reshore Our Supply Chains Tax Reform Act. In specified provisions concerning base income, provides that a taxpayer may claim a depreciation deduction for federal income tax purposes.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB3580 Detail]

Bill Drafts

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Introduced2023-02-17HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3580

Supplemental Documents

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No supplemental documents for Illinois HB3580 currently on file.

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