IL HB1510 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that no net loss carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2012 and prior to December 31, 2013 (instead of December 31, 2014). Effective immediately.

Tracking Information

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Title

INC TX-NET LOSS CARRYOVER

Sponsors


History

DateChamberAction
2014-12-03HouseSession Sine Die
2013-03-22HouseRule 19(a) / Re-referred to Rules Committee
2013-02-19HouseAssigned to Revenue & Finance Committee
2013-02-13HouseReferred to Rules Committee
2013-02-13HouseFirst Reading
2013-02-07HouseFiled with the Clerk by Rep. Barbara Wheeler

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355207Amended CodeCitation Text

Illinois State Sources


Bill Comments

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