HB2702 - 104th General Assembly (2025-2026)

INC TX-PASS-THROUGH ENTITIES
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Effective immediately.
Actions

DateChamberAction
2/04/2025HouseFiled with the Clerk by Rep. Curtis J. Tarver, II
2/06/2025HouseFirst Reading
2/06/2025HouseReferred to Rules Committee
3/04/2025HouseAssigned to Revenue & Finance Committee
3/06/2025HouseTo Tax Policy: Income Tax Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee