HB 3475 Illinois House · 102nd Regular Session

REVENUE-HIGH WEALTH

Summary
Creates the Extremely High Wealth Mark-to-Market Tax Act. Contains provisions concerning gains or losses of assets for individual taxpayers with net assets worth $50,000,000 or more. 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

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Full legislative history

Actions timeline

Total actions
11
Key actions
1
Committee
6
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 9, 2022
Committee
Assigned to Revenue & Finance Committee
lower
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 · 2 co-sponsors

Sponsors