Illinois Code | Chapter 805 Article 5 Section 15.65

Type

Status

State	Bill	Status	Summary/Title	Last Action
IL	HB2893	Intro 25%	Amends the Business Corporation Act of 1983. Provides that a business with an average employee head count of 49 or fewer employees is exempt from the taxes imposed under the Act. [Detail][Text][Discuss]	2024-04-05 To House Rules Committee
IL	HB5616	Intro 25%	Amends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2025. Provides that all amounts remai... [Detail][Text][Discuss]	2024-04-05 To House Rules Committee
IL	SB1810	Intro 25%	Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that ... [Detail][Text][Discuss]	2024-03-15 To Senate Assignments Committee
IL	SB3488	Intro 25%	Amends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2025. Repeals on January 1, 2026 the ... [Detail][Text][Discuss]	2024-02-21 To Senate Assignments Committee
IL	HB5490	Intro 25%	Amends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2025. Provides that all amounts remai... [Detail][Text][Discuss]	2024-02-09 To House Rules Committee
IL	SB1406	Intro 25%	Amends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2024. Repeals those Sections on Janua... [Detail][Text][Discuss]	2024-01-26 To Senate Assignments Committee
IL	HB3205	Intro 25%	Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that ... [Detail][Text][Discuss]	2023-11-21 To House Rules Committee
IL	HB3429	Intro 25%	Amends the Business Corporation Act of 1983. Provides for the reduction of franchise tax liabilities for domestic and foreign corporations beginning January 1, 2024. Repeals provisions concerning franchise taxes payable by domestic and foreign corpor... [Detail][Text][Discuss]	2023-11-21 To House Rules Committee
IL	SB1535	Intro 25%	Amends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Illinois Estate and Generation-Skipping Transfer... [Detail][Text][Discuss]	2023-02-08 To Senate Assignments Committee