Bill Texts: IL HB5542 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes.
Spectrum: Moderate Partisan Bill (Democrat 30-4)
Status: (Introduced) 2024-04-19 - Rule 19(a) / Re-referred to Rules Committee [HB5542 Detail]
Spectrum: Moderate Partisan Bill (Democrat 30-4)
Status: (Introduced) 2024-04-19 - Rule 19(a) / Re-referred to Rules Committee [HB5542 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
|---|---|---|---|---|
| Engrossed | 2024-04-11 | HTML/Text | Link | View |
| Introduced | 2024-02-09 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
|---|---|---|---|---|---|
| No bill amendments currently on file for Illinois HB5542 | |||||
Supplemental Documents
| Title | Description | Date | Format | Source | View |
|---|---|---|---|---|---|
| No supplemental documents for Illinois HB5542 currently on file. | |||||
