HB2483 - 104th General Assembly (2025-2026)
INC TX-SURPLUS FUNDS
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. In provisions concerning transfers of surplus moneys from the Income Tax Refund Fund to the General Revenue Fund, provides that "surplus" means the cash balance in the Income Tax Refund Fund at the end of the applicable fiscal year, less amounts attributable to certain specified transfers. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/03/2025 | House | Filed with the Clerk by Rep. Stephanie A. Kifowit |
| 2/04/2025 | House | First Reading |
| 2/04/2025 | House | Referred to Rules Committee |
| 3/04/2025 | House | Assigned to Revenue & Finance Committee |
| 3/06/2025 | House | To Tax Policy: Income Tax Subcommittee |
| 3/20/2025 | House | Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 004-000-000 |
| 3/20/2025 | House | Reported Back To Revenue & Finance Committee; |
| 3/20/2025 | House | Do Pass / Short Debate Revenue & Finance Committee; 020-000-000 |
| 3/21/2025 | House | Placed on Calendar 2nd Reading - Short Debate |
| 3/26/2025 | House | Chief Sponsor Changed to Rep. Anthony DeLuca |
| 3/26/2025 | House | Second Reading - Short Debate |
| 3/26/2025 | House | Held on Calendar Order of Second Reading - Short Debate |
| 4/10/2025 | House | Chief Sponsor Changed to Rep. Amy Briel |
| 4/11/2025 | House | Rule 19(a) / Re-referred to Rules Committee |