Illinois Code | Chapter 35 Article 735 | Senate | Bills

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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
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
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