INC TX-PARTNERSHIP INTEREST
Summary
Amends the Illinois Income Tax Act. Contains provisions concerning the apportionment to nonresidents of gains or losses on partnerships, trusts, or stock in Subchapter S corporations upon the sale, exchange, abandonment, liquidation, or other disposition of the interest in the partnership, trust, or stock.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2014
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2014
Last action Jan 13, 2015
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
0
Committee
4
Jan 13, 2015
Senate · Failed
Session Sine Die
Jul 1, 2014
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Mar 27, 2014
Senate · Reported by committee
Do Pass Revenue; 011-000-000
Feb 25, 2014
Senate · Referred to committee
Assigned to Revenue
Feb 14, 2014
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
John M. Sullivan
DDemocratic
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