Bill Title: Amends the Illinois Income Tax Act. Provides that a Personal Property Tax Replacement Income Tax in an additional amount equal to 7.5% of its net income shall be imposed on limited liability companies. Deletes language that exempts investment partnerships from a Personal Property Tax Replacement Income Tax.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB4798 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2018-02-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4798

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4798 currently on file.

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