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<xml>
<title>Illinois General Assembly - Bill Status for HB 3745         </title>
<shortdesc>INC TX-21ST CENTURY FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William Davis-Barbara Flynn Currie-Kelly M. Cassidy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 787/15</reference><aliasreference></aliasreference><reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><reference>35 ILCS 5/901</reference><aliasreference>from Ch. 120, par. 9-901</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an addition modification for any deduction allowed to the taxpayer under Sections 243 through 246A of the Internal Revenue Code (for certain qualifying dividends paid to corporations). Provides that the additional revenue attributable to that change shall be deposited into the 21st Century Workforce Development Fund. Amends the 21st Century Workforce Development Fund Act. Provides that the 21st Century Workforce Development Fund is not subject to sweeps, administrative charges or chargebacks, or other fiscal or budgetary maneuvers. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. William Davis</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/12/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/13/2015</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/16/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>4/23/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

