Bill Texts: IL SB3189 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Illinois Income Tax. Imposes a privilege tax on partnerships and S corporations engaged in the business of conducting investment management services at the rate of 20% of the fees calculated by reference to the performance of the investment portfolio funds and not from the investment itself.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB3189 Detail]

Bill Drafts

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Introduced2018-02-16HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3189

Supplemental Documents

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No supplemental documents for Illinois SB3189 currently on file.

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