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<xml>
<title>Illinois General Assembly - Bill Status for SB 3152         </title>
<shortdesc>INC TX-INTERNAL REV CODE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William E. Brady</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Michael J. Zalewski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates an addition modification for amounts allowed as a deduction for foreign-derived intangible income under Section 250(a)(1)(A) of the Internal Revenue Code. Creates a deduction for the amount of excess business loss of the taxpayer disallowed as a deduction by Section 461(a)(1)(B) of the Internal Revenue Code.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Pamela J. Althoff</action>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/16/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/12/2018</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  006-000-000</action>
<statusdate>4/12/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 17, 2018</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 19, 2018</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 051-000-001</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Michael J. Zalewski</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/14/2018</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/25/2018</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2018</action>
<statusdate>5/31/2018</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</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>

