Illinois Code | Chapter 35 Article 5 Section 207

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ILSB1535FailAmends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Illinois Estate and Generation-Skipping Transfer...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILSB1810FailAmends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that ...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILSB2330FailAmends the Illinois Income Tax Act. Provides that no carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2021 and ending prior to December 31, 2023 (currently, December 31, 2024). Effective immediately.
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILHB3205FailAmends the Illinois Income Tax Act. Makes changes concerning the federal depreciation deduction and net operating losses to restore provisions that were in effect prior to Public Act 102-16. Amends the Business Corporation Act of 1983. Provides that ...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
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