Bill Title: 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.

Spectrum: Bipartisan Bill

Status: (Passed) 2015-07-31 - Public Act . . . . . . . . . 99-0213 [HB3086 Detail]

Text: Latest bill text (Chaptered) [HTML]

---

Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Third Reading in Senate	2015-05-19	55	0	4	0	59	Passed	Link	View
House	Third Reading in House	2015-04-20	107	0	2	1	110	Passed	Link	View

Social Comments on IL HB3086