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HB 5473 Illinois House · 97th Regular Session

INC TX-NET OPERATING LOSS

Summary
Amends the Illinois Income Tax Act. Provides that a limitation on net loss carryovers applies to losses for taxable years ending on or after December 31, 1999 and prior to December 31, 2003 and carried forward to years covered by the limitation period. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2012 Last action Jan 8, 2013
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
19
Key actions
0
Committee
8
Amendments
3
Jan 8, 2013
House · Failed
Session Sine Die
Mar 30, 2012
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 23, 2012
House · Referred to committee
House Floor Amendment No. 2 Referred to Rules Committee
Mar 23, 2012
House · Amendment offered
House Floor Amendment No. 2 Filed with Clerk by Rep. Scott E. Penny
Mar 9, 2012
House · Amendment failed
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
Mar 8, 2012
House · Reported by committee
Do Pass / Short Debate Revenue & Finance Committee; 009-000-000
Mar 7, 2012
House · Referred to committee
House Committee Amendment No. 1 Referred to Rules Committee
Mar 7, 2012
House · Amendment offered
House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
Mar 7, 2012
House · Reported by committee
Remains in Revenue & Finance Committee
Mar 7, 2012
House · Reported by committee
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
Feb 27, 2012
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 15, 2012
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Scott E. Penny
Scott E. Penny
DDemocratic
IL
113