HB1396 - 104th General Assembly

INC TX-FOREIGN TAX
Last Action

04/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

35 ILCS 5/601from Ch. 120, par. 6-601
Synopsis As Introduced

Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
Actions

Date Chamber Action
01/15/2025 House Filed with the Clerk by Rep. Curtis J. Tarver, II
01/28/2025 House First Reading
01/28/2025 House Referred to Rules Committee
02/11/2025 House Assigned to Revenue & Finance Committee
02/20/2025 House Added Co-Sponsor Rep. Margaret Croke
03/13/2025 House Do Pass / Short Debate Revenue & Finance Committee; 018-000-000
03/13/2025 House Placed on Calendar 2nd Reading - Short Debate
03/17/2025 House Added Co-Sponsor Rep. Daniel Didech
03/17/2025 House Added Co-Sponsor Rep. Joe C. Sosnowski
03/24/2025 House Added Co-Sponsor Rep. Emanuel "Chris" Welch
03/26/2025 House Second Reading - Short Debate
03/26/2025 House Held on Calendar Order of Second Reading - Short Debate
04/11/2025 House Rule 19(a) / Re-referred to Rules Committee