Bill Sponsors: IL SB2463 | 2009-2010 | 96th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Restores a deduction allowed for personal services income of a partnership and certain compensation paid to partners (now, the deduction is available only for taxable years ending before December 31, 2009). Makes changes to a corresponding addition modification. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2010-03-08 - Rule 3-9(a) / Re-referred to Assignments [SB2463 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Bill Brady [R]SponsorSponsored BillsSD-044FollowTheMoneyBallotpediaVoteSmart
Senator Pamela Althoff [R]SponsorSponsored BillsSD-032FollowTheMoneyBallotpediaVoteSmart

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