SB 717 Illinois Senate · 99th Regular Session

REVENUE-BILL PAYMENT

Summary

Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to the deduction for qualified domestic production activities allowed under Section 199 of the Internal Revenue Code for the taxable year. Makes changes concerning the definition of "unitary business group". Provides that those moneys shall be deposited into the Bill Payment Trust Fund. Amends the State Finance Act to create the Fund. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2015

Committee Review

Floor Vote

Governor

Introduced Feb 3, 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

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

Mar 27, 2015

Senate · Referred to committee

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

Mar 19, 2015

Senate · Reported by committee

Do Pass as Amended Revenue; 007-004-000

Mar 18, 2015

Senate · Amendment adopted

Senate Committee Amendment No. 2 Adopted

Mar 18, 2015

Senate · Reported by committee

Senate Committee Amendment No. 2 Assignments Refers to Revenue

Mar 17, 2015

Senate · Referred to committee

Senate Committee Amendment No. 2 Referred to Assignments

Mar 17, 2015

Senate · Amendment offered

Senate Committee Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson

Mar 12, 2015

Senate · Reported by committee

Senate Committee Amendment No. 1 Postponed - Revenue

Mar 10, 2015

Senate · Reported by committee

Senate Committee Amendment No. 1 Assignments Refers to Revenue

Mar 5, 2015

Senate · Referred to committee

Senate Committee Amendment No. 1 Referred to Assignments

Mar 5, 2015

Senate · Amendment offered

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson

Feb 11, 2015

Senate · Referred to committee

Assigned to Revenue

Feb 3, 2015

Senate · Referred to committee

Referred to Assignments

0 primary · 1 co-sponsor