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 20, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
19
Key actions
0
Committee
9
Amendments
1
Jan 10, 2017
Senate · Failed
Session Sine Die
Mar 27, 2015
Senate · Referred to committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Mar 27, 2015
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 26, 2015
Senate · Reported by committee
Senate Committee Amendment No. 1 Postponed - Revenue
Mar 26, 2015
Senate · Reported by committee
Postponed - Revenue Subcommittee on Special Issues
Mar 17, 2015
Senate · Reported by committee
Senate Committee Amendment No. 1 Assignments Refers to Revenue
Mar 11, 2015
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Assignments
Mar 11, 2015
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Dale A. Righter
Mar 5, 2015
Senate · Reported by committee
To Subcommittee on Special Issues (RV)
Mar 3, 2015
Senate · Referred to committee
Assigned to Revenue
Feb 20, 2015
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Pamela J. Althoff
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1599
Scope: IL
Hi! I can help you understand SB 1599. 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