Fabio
5.5 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bill | PRINCIPAL & INCOME-OIL & GAS | Amends the Principal and Income Act. Provides that, only for oil or gas from non-coal formations held in nontrust estates and by legal tenants and remaindermen (instead of "with respect only to nontrust estates, for oil or gas from non-coal formations"), proceeds from the sale of such minerals produced and received as royalty, overriding royalty, limited royalty, working interest, net profit interest, time-limited interest or term interest, or lease bonus shall be deemed income. Deletes language providing that a Section concerning non-trust estates does not apply to life estates and remainder interests in oil or gas from non-coal formations, or royalties or overriding royalties created under leases of such minerals. Makes other changes. | us/states/il | Illinois General Assembly | 100th | HB 4920 | Illinois HB 4920 (100th) |
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enacted | 3 | 30 | 2 | 2018-02-14 | 2018-08-10 | openstates | ocd-bill/3eb87ec7-e72d-4fab-b9f6-c1fc72a7b9da | http://ilga.gov/legislation/BillStatus.asp?DocNum=4920&GAID=14&DocTypeID=HB&LegId=110334&SessionID=91&GA=100 | e1422ee945b8722b942ad4db9311dd5f6d23d0051c4baa7b5dd0ed7e27123ab9 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 4920 (100th) — PRINCIPAL & INCOME-OIL & GAS
Amends the Principal and Income Act. Provides that, only for oil or gas from non-coal formations held in nontrust estates and by legal tenants and remaindermen (instead of "with respect only to nontrust estates, for oil or gas from non-coal formations"), proceeds from the sale of such minerals produced and received as royalty, overriding royalty, limited royalty, working interest, net profit interest, time-limited interest or term interest, or lease bonus shall be deemed income. Deletes language providing that a Section concerning non-trust estates does not apply to life estates and remainder interests in oil or gas from non-coal formations, or royalties or overriding royalties created under leases of such minerals. Makes other changes.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 53–0 (pass) · upper
- Third Reading — 110–0 (pass) · lower
Sponsors
- Barbara Wheeler — primary (person)
- Paul Schimpf — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2018-02-14 Filed with the Clerk by Rep. Ann M. Williams
filing - 2018-02-14 First Reading
reading-1 - 2018-02-14 Referred to Rules Committee
referral-committee - 2018-03-07 Assigned to Judiciary - Civil Committee
referral-committee - 2018-03-23 To Civil Procedure Subcommittee
- 2018-04-10 Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000
committee-passage - 2018-04-10 Reported Back To Judiciary - Civil Committee;
- 2018-04-10 Do Pass / Short Debate Judiciary - Civil Committee; 011-000-000
committee-passage - 2018-04-10 Placed on Calendar 2nd Reading - Short Debate
- 2018-04-19 Chief Sponsor Changed to Rep. Barbara Wheeler
- 2018-04-20 Second Reading - Short Debate
reading-2 - 2018-04-20 Placed on Calendar Order of 3rd Reading - Short Debate
- 2018-04-24 Third Reading - Short Debate - Passed 110-000-001
reading-3, passage - 2018-04-24 Arrive in Senate
introduction - 2018-04-24 Placed on Calendar Order of First Reading April 25, 2018
reading-1 - 2018-04-25 Chief Senate Sponsor Sen. David Koehler
- 2018-04-25 First Reading
reading-1 - 2018-04-25 Referred to Assignments
referral-committee - 2018-04-26 Added as Alternate Co-Sponsor Sen. Paul Schimpf
- 2018-05-01 Assigned to Revenue
referral-committee - 2018-05-10 Do Pass Revenue; 005-000-000
committee-passage - 2018-05-10 Placed on Calendar Order of 2nd Reading May 15, 2018
- 2018-05-15 Second Reading
reading-2 - 2018-05-15 Placed on Calendar Order of 3rd Reading May 16, 2018
- 2018-05-17 Third Reading - Passed; 053-000-000
reading-3, passage - 2018-05-17 Passed Both Houses
- 2018-06-15 Sent to the Governor
executive-receipt - 2018-08-10 Governor Approved
executive-signature - 2018-08-10 Effective Date January 1, 2019
- 2018-08-10 Public Act . . . . . . . . . 100-0761
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3eb87ec7-e72d-4fab-b9f6-c1fc72a7b9da. Confidence: reported (aggregated from official Illinois legislature records).