Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/203

from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the Illinois Income Tax Act with respect to regulated investment companies. Provides that an addition to income is an amount computed using net capital gain (now, net long-term capital gain). States that this is declarative of existing law. Effective immediately.

	Fiscal Note (Department of Revenue)
	There would be little to no impact on State revenues or the Department since this legislation simply codifies existing practice.

Actions 

Date	Chamber	Action
2/28/2003	House	Filed with the Clerk by Rep. Robert S. Molaro
2/28/2003	House	First Reading
2/28/2003	House	Referred to Rules Committee
3/5/2003	House	Assigned to Revenue Committee
3/13/2003	House	Do Pass / Short Debate Revenue Committee; 009-000-000
3/13/2003	House	Placed on Calendar 2nd Reading - Short Debate
3/18/2003	House	Fiscal Note Filed
4/3/2003	House	Second Reading - Short Debate
4/3/2003	House	Held on Calendar Order of Second Reading - Short Debate
4/4/2003	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/4/2003	House	Third Reading - Short Debate - Passed 118-000-000
4/8/2003	Senate	Arrive in Senate
4/8/2003	Senate	Placed on Calendar Order of First Reading April 9, 2003
5/13/2003	Senate	Chief Senate Sponsor Sen. Emil Jones, Jr.
5/14/2003	Senate	First Reading
5/14/2003	Senate	Referred to Rules
1/11/2005	House	Session Sine Die

Back To Top