HB 4381 Illinois House · 99th Regular Session

INC TX-DEDUCT MANUFACTURING

Summary

Amends the Illinois Income Tax Act. Creates a deduction for corporations in an amount equal to 100% of the portion of the taxpayer's Illinois net income for the taxable year that is earned by the taxpayer as a result of a manufacturing process. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Jan 2016

Committee Review

Floor Vote

Governor

Introduced Jan 4, 2016 Last action Jan 10, 2017

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 10, 2017

House · Failed

Session Sine Die

Apr 8, 2016

House · Referred to committee

House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee

Apr 8, 2016

House · Referred to committee

Rule 19(a) / Re-referred to Rules Committee

Apr 4, 2016

House · Reported by committee

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Mar 29, 2016

House · Reported by committee

To Income Tax Subcommittee

Mar 23, 2016

House · Referred to committee

House Committee Amendment No. 1 Referred to Rules Committee

Mar 23, 2016

House · Amendment offered

House Committee Amendment No. 1 Filed with Clerk by Rep. David McSweeney

Mar 23, 2016

House · Referred to committee

Assigned to Revenue & Finance Committee

Jan 14, 2016

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor