Fabio
4.6 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 | ||||||
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| Bill | INC TX-PASS THROUGH | Amends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code, or as otherwise agreed by the partners or shareholders, provided that such agreement shall be executed in writing prior to the due date of the return for the taxable year and meet such other requirements as the Department of Revenue may establish by rule. | us/states/il | Illinois General Assembly | 103rd | SB 2047 | Illinois SB 2047 (103rd) |
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enacted |
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3 | 25 | 4 | 2023-02-09 | 2023-07-28 | openstates | ocd-bill/3d677ed0-25a2-4bd0-9097-3fd4eff77b80 | https://beta.ilga.gov/Legislation/BillStatus?DocNum=2047&GAID=17&DocTypeID=SB&LegId=146918&SessionID=112 | 2da1d3983844e4ba0b00f7cd3c06c10084c0bd94ff5a32a2f01113c9dcd3d9f6 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 2047 (103rd) — INC TX-PASS THROUGH
Amends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code, or as otherwise agreed by the partners or shareholders, provided that such agreement shall be executed in writing prior to the due date of the return for the taxable year and meet such other requirements as the Department of Revenue may establish by rule.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Revenue — 9–0 (pass) · lower
- Third Reading — 110–0 (pass) · lower
- Third Reading — 57–0 (pass) · lower
- Revenue & Finance — 19–0 (pass) · lower
Sponsors
- Steven Reick — primary (person)
- Win Stoller — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2023-02-09 Filed with Secretary by Sen. Win Stoller
filing - 2023-02-09 First Reading
reading-1 - 2023-02-09 Referred to Assignments
- 2023-02-21 Assigned to Revenue
referral-committee - 2023-03-09 Do Pass Revenue; 009-000-000
- 2023-03-09 Placed on Calendar Order of 2nd Reading March 10, 2023
reading-2 - 2023-03-21 Second Reading
reading-2 - 2023-03-21 Placed on Calendar Order of 3rd Reading March 22, 2023
- 2023-03-23 Placed on Calendar Order of 3rd Reading ** March 24, 2023
- 2023-03-29 Third Reading - Passed; 057-000-000
passage, reading-3 - 2023-03-30 Arrived in House
introduction - 2023-03-30 Chief House Sponsor Rep. Steven Reick
- 2023-03-30 First Reading
reading-1 - 2023-03-30 Referred to Rules Committee
- 2023-04-18 Assigned to Revenue & Finance Committee
referral-committee - 2023-04-26 Do Pass / Short Debate Revenue & Finance Committee; 019-000-000
- 2023-04-26 Placed on Calendar 2nd Reading - Short Debate
reading-2 - 2023-05-02 Second Reading - Short Debate
reading-2 - 2023-05-02 Placed on Calendar Order of 3rd Reading - Short Debate
- 2023-05-11 Third Reading - Short Debate - Passed 110-000-000
passage, reading-3 - 2023-05-11 Passed Both Houses
- 2023-06-09 Sent to the Governor
executive-receipt - 2023-07-28 Governor Approved
executive-signature - 2023-07-28 Effective Date January 1, 2024
- 2023-07-28 Public Act . . . . . . . . . 103-0396
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3d677ed0-25a2-4bd0-9097-3fd4eff77b80. Confidence: reported (aggregated from official Illinois legislature records).