<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 604          </title>
<shortdesc>INC TX-ESTIMATED TAX</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William E. Brady</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/803</reference><aliasreference>from Ch. 120, par. 8-803</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that taxpayers (other than estates, trusts, partnerships, Subchapter S corporations, and farmers) are required to pay estimated tax if the amount payable can reasonably be expected to be more than $1,000 (currently, $500). Provides that corporations are required to pay estimated tax if the amount payable can reasonably be expected to be more than $400 (which is the same as current law).</SynopsisText></synopsis>
<actions>
<statusdate>1/24/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>1/24/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/24/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/1/2017</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/16/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>2/16/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>2/22/2017</statusdate><chamber>Senate</chamber><action>To Subcommittee on Income Taxes</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>9/30/2018</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. William E. Brady</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

