<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3121         </title>
<shortdesc>INC TX-SALES FACTOR</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 5/304</reference><aliasreference>from Ch. 120, par. 3-304</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. For the purpose of calculating the sales factor when allocating business income of persons other than residents, removes provisions providing that the sale is in this State if the property is shipped from an office, store, warehouse, factory or other place of storage in this State and the purchaser is not taxable in the State of the purchaser. Removes provisions concerning purchasers who are doing business on a premises owned or leased by a person who has independently contracted with the seller for the printing of newspapers, periodicals or books. Removes provisions providing that sales of tangible personal property are not in this State if the seller and purchaser would be members of the same unitary business group but for the fact that either the seller or purchaser is a person with 80% or more of total business activity outside of the United States and the property is purchased for resale.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chris Nybo</action>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/13/2018</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>11/15/2018</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>

