SB 1625 Illinois Senate · 99th Regular Session

INC TX-REIT

Summary

Amends the Illinois Income Tax Act. Provides that the voting power or value of the beneficial interest or shares of a real estate investment trust does not include any voting power or value of beneficial interest or shares in a real estate investment trust held directly or indirectly in a segregated asset account by a life insurance company for the benefit of persons who are immune or exempt from taxation under subtitle A of the Internal Revenue Code.

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

Key actions

Committee

Amendments

Jan 10, 2017

Senate · Failed

Session Sine Die

Oct 10, 2015

Senate · Referred to committee

Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b)

Oct 10, 2015

Senate · Referred to committee

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Apr 21, 2015

Senate · Amendment offered

Senate Floor Amendment No. 2 Be Approved for Consideration Assignments

Apr 14, 2015

Senate · Referred to committee

Senate Floor Amendment No. 2 Referred to Assignments

Apr 14, 2015

Senate · Amendment offered

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon

Mar 19, 2015

Senate · Reported by committee

Do Pass as Amended Revenue; 011-000-000

Mar 18, 2015

Senate · Amendment adopted

Senate Committee Amendment No. 1 Adopted

Mar 17, 2015

Senate · Reported by committee

Senate Committee Amendment No. 1 Assignments Refers to Revenue

Mar 12, 2015

Senate · Referred to committee

Senate Committee Amendment No. 1 Referred to Assignments

Mar 12, 2015

Senate · Amendment offered

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon

Mar 11, 2015

Senate · Referred to committee

Assigned to Revenue

Feb 20, 2015

Senate · Referred to committee

Referred to Assignments

0 primary · 1 co-sponsor