INC TX-ESTIMATED TAX
Summary
Amends the Illinois Income Tax Act. Provides that taxpayers (other than estates, trusts, partnerships, Subchapter S corporations, and farmers) are required to pay estimated tax if the amount payable can reasonably be expected to be more than $1,000 (currently, $500). Provides that corporations are required to pay estimated tax if the amount payable can reasonably be expected to be more than $400 (which is the same as current law).
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
2
Committee
7
Amendments
1
Mar 27, 2015
Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
lower
Mar 27, 2015
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 17, 2015
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
Mar 16, 2015
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 16, 2015
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Joe Sosnowski
lower
Mar 13, 2015
Lower · Passed
To Income Tax Subcommittee
lower
Mar 12, 2015
Committee
Assigned to Revenue & Finance Committee
lower
Feb 27, 2015
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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