Illinois Code | Chapter 35 Article 735

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ILHB4844PassCreates the First 2024 General Revisory Act. Combines multiple versions of Sections amended by more than one Public Act. Renumbers Sections of various Acts to eliminate duplication. Corrects obsolete cross-references and technical errors. Makes styli...
[Detail][Text][Discuss]		2024-07-01
Effective Date July 1, 2024
ILSB3152Intro
25%		Amends the Illinois Income Tax Act. Creates an income tax deduction for an amount of up to $50,000 per tax year contributed to a small business asset purchase account and all interest earned on such accounts during the tax year. Provides that a "smal...
[Detail][Text][Discuss]		2024-05-03
To Senate Assignments Committee
ILHB4669Intro
25%		Amends the Illinois Income Tax Act. Creates an income tax deduction for an amount of up to $50,000 per tax year contributed to a small business asset purchase account and all interest earned on such accounts during the tax year. Provides that a "smal...
[Detail][Text][Discuss]		2024-04-19
To House Rules Committee
ILSB1641PassAmends the Uniform Penalty and Interest Act. In provisions concerning penalties for late payment or nonpayment of tax, removes references to an amended return. Provides that a liability resulting from a federal change that is reported and paid no lat...
[Detail][Text][Discuss]		2023-06-09
Public Act . . . . . . . . . 103-0098
ILHB0621Intro
25%		Amends the Uniform Penalty and Interest Act. Makes a technical change in a Section concerning the short title.
[Detail][Text][Discuss]		2023-03-27
To House Rules Committee
ILHB3952Intro
25%		Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, if a retailer inadvertently collects from a purchaser the entire 6.25% rate of tax on a sales tax holiday item, and if the retailer does not refund the excess tax proceeds t...
[Detail][Text][Discuss]		2023-03-10
To House Rules Committee
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