---
type: "Bill"
title: "INC TX-REIT"
description: "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."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "99th"
identifier: "HB 3086"
citation: "Illinois HB 3086 (99th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 38
vote_count: 2
first_action: "2015-02-24"
last_action: "2015-07-31"
source: "openstates"
source_identifier: "ocd-bill/67d324a5-a4fe-4c57-91ee-9d623965edb1"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3086&GAID=13&DocTypeID=HB&LegId=89217&SessionID=88&GA=99"
source_hash: "39bd524967bbfc59d6bdd7e700dcd9b55416f6263fc29f5de22d09da5a50d719"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 3086 (99th) — INC TX-REIT

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.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB3086&GA=99&SessionId=88&DocTypeId=HB&LegID=89217&DocNum=3086&GAID=13&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB3086eng&GA=99&SessionId=88&DocTypeId=HB&LegID=89217&DocNum=3086&GAID=13&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB3086enr&GA=99&SessionId=88&DocTypeId=HB&LegID=89217&DocNum=3086&GAID=13&Session=&print=true)

## Votes

- Third Reading — **55–0** (pass) · upper
- Third Reading — **107–0** (pass) · lower

## Sponsors

- John Bradley — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2015-02-24** Filed with the Clerk by Rep. John Bradley `filing`
- **2015-02-25** First Reading `reading-1`
- **2015-02-25** Referred to Rules Committee `referral-committee`
- **2015-03-10** Assigned to Revenue & Finance Committee `referral-committee`
- **2015-03-10** House Committee Amendment No. 1 Filed with Clerk by Rep. John Bradley `amendment-introduction`
- **2015-03-10** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2015-03-11** House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
- **2015-03-13** To Income Tax Subcommittee
- **2015-03-18** House Committee Amendment No. 2 Filed with Clerk by Rep. John Bradley `amendment-introduction`
- **2015-03-18** House Committee Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2015-03-18** Added Chief Co-Sponsor Rep. David Harris
- **2015-03-19** House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
- **2015-03-19** Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000 `committee-passage`
- **2015-03-19** Remains in Revenue & Finance Committee
- **2015-03-19** House Committee Amendment No. 2 Adopted in Revenue & Finance Committee; by Voice Vote `amendment-passage`
- **2015-03-19** Do Pass as Amended / Short Debate Revenue & Finance Committee; 013-000-000 `committee-passage`
- **2015-03-19** House Committee Amendment No. 1 Tabled Pursuant to Rule 40 `amendment-failure`
- **2015-03-19** Placed on Calendar 2nd Reading - Short Debate
- **2015-04-17** Second Reading - Short Debate `reading-2`
- **2015-04-17** Placed on Calendar Order of 3rd Reading - Short Debate
- **2015-04-20** Third Reading - Short Debate - Passed 107-000-001 `reading-3, passage`
- **2015-04-21** Arrive in Senate `introduction`
- **2015-04-21** Placed on Calendar Order of First Reading `reading-1`
- **2015-04-21** Chief Senate Sponsor Sen. Don Harmon
- **2015-04-21** First Reading `reading-1`
- **2015-04-21** Referred to Assignments `referral-committee`
- **2015-04-29** Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
- **2015-04-29** Added as Alternate Chief Co-Sponsor Sen. Toi W. Hutchinson
- **2015-04-29** Approved for Consideration Assignments
- **2015-04-29** Placed on Calendar Order of 2nd Reading April 30, 2015
- **2015-05-18** Second Reading `reading-2`
- **2015-05-18** Placed on Calendar Order of 3rd Reading May 19, 2015
- **2015-05-19** Third Reading - Passed; 055-000-000 `reading-3, passage`
- **2015-05-19** Passed Both Houses
- **2015-06-17** Sent to the Governor `executive-receipt`
- **2015-07-31** Governor Approved `executive-signature`
- **2015-07-31** Effective Date July 31, 2015
- **2015-07-31** Public Act . . . . . . . . . 99-0213 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/67d324a5-a4fe-4c57-91ee-9d623965edb1`. Confidence: reported (aggregated from official Illinois legislature records).