Illinois Code | Chapter 35 Article 5 Section 207

Type

Status

State	Bill	Status	Summary/Title	Last Action
IL	SB1810	Intro 25%	Amends 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]	2024-03-15 To Senate Assignments Committee
IL	HB3205	Intro 25%	Amends 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]	2023-11-21 To House Rules Committee
IL	SB2330	Intro 25%	Amends 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]	2023-02-10 To Senate Assignments Committee
IL	SB1535	Intro 25%	Amends 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]	2023-02-08 To Senate Assignments Committee

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