Bill Title: Amends the Illinois Income Tax Act. Provides that taxpayers (other than estates, trusts, partnerships, Subchapter S corporations, and farmers) are required to pay estimated tax if the amount payable can reasonably be expected to be more than $1,000 (currently, $500). Provides that corporations are required to pay estimated tax if the amount payable can reasonably be expected to be more than $400 (which is the same as current law).

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2015-05-15 - Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015 [SB1599 Detail]

Text: Latest bill text (Introduced) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
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