HB1396 - 104th General Assembly (2025-2026)
INC TX-FOREIGN TAX
Last Action
4/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/15/2025 | House | Filed with the Clerk by Rep. Curtis J. Tarver, II |
| 1/28/2025 | House | First Reading |
| 1/28/2025 | House | Referred to Rules Committee |
| 2/11/2025 | House | Assigned to Revenue & Finance Committee |
| 2/20/2025 | House | Added Co-Sponsor Rep. Margaret Croke |
| 3/13/2025 | House | Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 |
| 3/13/2025 | House | Placed on Calendar 2nd Reading - Short Debate |
| 3/17/2025 | House | Added Co-Sponsor Rep. Daniel Didech |
| 3/17/2025 | House | Added Co-Sponsor Rep. Joe C. Sosnowski |
| 3/24/2025 | House | Added Co-Sponsor Rep. Emanuel "Chris" Welch |
| 3/26/2025 | House | Second Reading - Short Debate |
| 3/26/2025 | House | Held on Calendar Order of Second Reading - Short Debate |
| 4/11/2025 | House | Rule 19(a) / Re-referred to Rules Committee |