INC TX-FOREIGN TRADE DEDUCTION
Summary
Amends the Illinois Income Tax Act. Limits the application of the deduction for dividends that were paid by a corporation that conducts business operations in a federally designated Foreign Trade Zone or Sub-Zone to taxable years ending on or before December 31, 2008. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2008
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2008
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 13, 2009
House · Failed
Session Sine Die
Feb 14, 2008
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jim Sacia
RRepublican
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