House Sponsors: NOVAK-TENHOUSE-O'BRIEN-LEITCH-TURNER,ART. Senate Sponsors: PETERSON Short description: INC TX-SALES FACTOR EQUATION Synopsis of Bill as introduced: Amends the Illinois Income Tax Act concerning the apportionment of business income for persons other than residents. Deletes the component of the sales factor providing that certain property shipped from this State to the U.S. government or to a person not taxable in the state of the purchaser is a sale of tangible personal property in this State. Deletes the provision providing that sales of tangible personal property are not in this State if the seller and purchaser would be, in certain instances, members of the same unitary business group. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 5/304 Adds reference to: 35 ILCS 5/101 from Ch. 120, par. 1-101 Deletes everything. Amends the Illinois Income Tax Act concerning the short title. Makes a technical change. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status