Bill Status of SB 145   104th General Assembly

Short Description:  INC TX-FOREIGN TAX

Senate Sponsors
Sen. Bill Cunningham

Last Action  View All Actions

DateChamber Action
  1/28/2025SenateAssigned to Revenue

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 
DateChamber Action
  1/17/2025SenateFiled with Secretary by Sen. Bill Cunningham
  1/17/2025SenateFirst Reading
  1/17/2025SenateReferred to Assignments
  1/28/2025SenateAssigned to Revenue

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