INC TX-RESTORE NET OPERATING
Summary
Amends the Illinois Income Tax Act. Restores a net loss carryover deduction that was previously limited by Public Act 96-1496. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2011
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2011
Last action Jan 8, 2013
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
27
Key actions
0
Committee
3
Jan 8, 2013
House · Failed
Session Sine Die
Mar 17, 2011
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 8, 2011
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 25, 2011
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Darlene J. Senger
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 243
Scope: IL
Hi! I can help you understand HB 243. 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