Illinois Code | Chapter 35 Article 5 | Passed

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ILSB3155PassAmends the Illinois Income Tax Act. In provisions requiring a claimant or claimants to repay certain amounts received under the angel investment tax credit if a qualified new business venture fails to maintain its minimum employment threshold, provid...
[Detail][Text][Discuss]		2024-08-09
Public Act . . . . . . . . . 103-0945
ILSB3592PassCreates the Strengthening Community Media Act. Provides that a local news organization shall not be sold to a company without giving written notice 120 days before the sales occurs to specified individuals and organizations. Amends the Higher Educati...
[Detail][Text][Discuss]		2024-08-09
Public Act . . . . . . . . . 103-1021
ILHB4844PassCreates the First 2024 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss]		2024-07-01
Effective Date July 1, 2024
ILSB2047PassAmends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive sh...
[Detail][Text][Discuss]		2023-07-28
Public Act . . . . . . . . . 103-0396
ILHB2289PassCreates the First 2023 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss]		2023-06-30
Public Act . . . . . . . . . 103-0154
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