INC TX-OPPORTUNITY FUND-GAINS
Summary
Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to certain gains attributable to Opportunity Funds under certain provisions of the Internal Revenue Code. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
0
Committee
3
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 16, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Feb 22, 2021
Committee
Referred to Rules Committee
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Will Guzzardi
DDemocratic
Co
Anna Moeller
DDemocratic
Co
Delia C. Ramirez
DDemocratic
Co
Kelly Cassidy
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 3425
Scope: IL
Hi! I can help you understand HB 3425. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline