SB 1901 Illinois Senate · 103rd Regular Session

REVENUE-BULK SALES NOTICE

Summary
Amends the Illinois Income Tax Act and the Retailers' Occupation Tax Act. Eliminates the bulk sales notice requirement if the only asset sold or transferred is real estate. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2023 Last action Feb 9, 2023
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Feb 9, 2023
Committee
Referred to Assignments
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Chapin Rose
Chapin Rose
RRepublican
IL
51