Bill Title: Amends the Illinois Income Tax Act. In provisions providing that a unitary business group does not include members whose business activity outside the United States is 80% or more of that member's total business activity, provides that the phrase "United States" means only the 50 states, the District of Columbia, and any area over which the United States has asserted jurisdiction or claimed exclusive rights with respect to the exploration for or exploitation of natural resources, but does not include any territory or possession of the United States (currently, for those purposes, "United States" means only the 50 states and the District of Columbia, but does not include any territory or possession of the United States or any area over which the United States has asserted jurisdiction or claimed exclusive rights with respect to the exploration for or exploitation of natural resources). Amends the Limited Liability Company Act. Reduces the fees for filing articles of organization, applications for admission, and restated articles of organization to $125 for a series LLC (currently, $750) and $75 for all other LLCs (currently, $500).

Spectrum: Slight Partisan Bill (Democrat 6-3)

Status: (Introduced - Dead) 2015-05-27 - Added Co-Sponsor Rep. Linda Chapa LaVia [HB0199 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB0199

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB0199 currently on file.

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