INC TX-REFUNDS IN FUTURE YEARS House SponsorsRep. Jil Tracy-Jim Watson 1/8/2013HouseSession Sine Die 35 ILCS 5/607 new Amends the Illinois Income Tax Act. Provides that, if the taxpayer requests and is owed a refund as a result of an overpayment of any tax due under this Act, and if the refund is not paid within 180 days after the return is filed, then the taxpayer may request that the amount of the unpaid refund be applied to the taxpayer's liability in any future tax year. The taxpayer shall not be required to pay penalties or interest on the portion of the future tax liability paid with the refunded amounts. Effective immediately. 2/22/2011HouseFiled with the Clerk by Rep. Jil Tracy 2/23/2011HouseFirst Reading 2/23/2011HouseReferred to Rules Committee 2/24/2011HouseAdded Chief Co-Sponsor Rep. Jim Watson 2/28/2011HouseAssigned to Revenue & Finance Committee 3/17/2011HouseRule 19(a) / Re-referred to Rules Committee 1/8/2013HouseSession Sine Die