INC TX-NET LOSS CARRYOVER
Summary
Amends the Illinois Income Tax Act. Provides that no net loss carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2012 and prior to December 31, 2013 (instead of December 31, 2014). Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2013
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2013
Last action Dec 3, 2014
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Dec 3, 2014
House · Failed
Session Sine Die
Mar 22, 2013
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 19, 2013
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 13, 2013
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Barbara Wheeler
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1510
Scope: IL
Hi! I can help you understand HB 1510. 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