INC TAX-INVESTMENT MANAGEMENT Senate SponsorsSen. John J. Cullerton 1/9/2019SenateSession Sine Die 35 ILCS 5/205from Ch. 120, par. 2-205Amends the Illinois Income Tax. Imposes a privilege tax on partnerships and S corporations engaged in the business of conducting investment management services at the rate of 20% of the fees calculated by reference to the performance of the investment portfolio funds and not from the investment itself. 2/16/2018SenateFiled with Secretary by Sen. Daniel Biss 2/16/2018SenateFirst Reading 2/16/2018SenateReferred to Assignments 1/6/2019SenateChief Sponsor Changed to Sen. John J. Cullerton 1/9/2019SenateSession Sine Die