Bill Title: Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" includes certain distributions to retired partners or shareholders under a retirement or disability plan. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2025-01-07 - Session Sine Die [SB0189 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-01-31	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB0189

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB0189 currently on file.