Bill Sponsors: IL HB0936 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Illinois Income Tax Act. Creates a deduction for business entities in an amount equal to 100% of the portion of the taxpayer's Illinois net income for the taxable year that is earned by the taxpayer as a result of a manufacturing process. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB0936 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB0936 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative David McSweeney [R] | Primary | Sponsored Bills | HD-052 | FollowTheMoney | Ballotpedia | VoteSmart |