Bill Title: Amends the Illinois Income Tax Act. Creates an addition modification for amounts allowed as a deduction for foreign-derived intangible income under Section 250(a)(1)(A) of the Internal Revenue Code. Creates a deduction for the amount of excess business loss of the taxpayer disallowed as a deduction by Section 461(a)(1)(B) of the Internal Revenue Code.

Sponsorship: Bipartisan Bill

Status: (Failed) 2019-01-09 - Session Sine Die [SB3152 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2018-04-26	HTML/Text	Link	View
Introduced	2018-02-16	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB3152

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3152 currently on file.