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<xml>
<title>Illinois General Assembly - Bill Status for HB 2085         </title>
<shortdesc>INC TX-WATER'S EDGE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Gregory Harris-Mary E. Flowers-LaToya Greenwood-Elizabeth Hernandez, William Davis, Theresa Mah, Ann M. Williams, Sara Feigenholtz, Kelly M. Cassidy, Delia C. Ramirez, Michael Halpin, Nicholas K. Smith, Celina Villanueva, Jennifer Gong-Gershowitz, Anna Moeller, Marcus C. Evans, Jr., Sam Yingling, Deb Conroy, Will Guzzardi, Carol Ammons, Robyn Gabel, Robert Martwick, Anne Stava-Murray, Lamont J. Robinson, Jr., Joyce Mason, Aaron M. Ortiz, La Shawn K. Ford, Camille Y. Lilly, Arthur Turner, Michael J. Zalewski, Emanuel Chris Welch, Michelle Mussman, Maurice A. West, II, Diane Pappas, Justin Slaughter, Yehiel M. Kalish and Jonathan "Yoni" Pizer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><reference>35 ILCS 5/304</reference><aliasreference>from Ch. 120, par. 3-304</aliasreference><reference>35 ILCS 5/1501</reference><aliasreference>from Ch. 120, par. 15-1501</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides for a water's edge apportionment election for certain members of a unitary business group. Provides that, with respect to foreign corporations that make a water's edge election, the deduction for dividends is limited to 75%.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Gregory Harris</action>
<statusdate>2/5/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/6/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. William Davis</action>
<statusdate>2/6/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Theresa Mah</action>
<statusdate>2/7/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mary E. Flowers</action>
<statusdate>2/7/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. LaToya Greenwood</action>
<statusdate>2/7/2019</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Changed to Rep. Mary E. Flowers</action>
<statusdate>2/8/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ann M. Williams</action>
<statusdate>2/8/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>2/19/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/28/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/6/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>3/6/2019</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Changed to Rep. Elizabeth Hernandez</action>
<statusdate>3/6/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>3/25/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Gregory Harris</action>
<statusdate>3/25/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>3/26/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Revenue &amp; Finance Committee</action>
<statusdate>3/28/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Delia C. Ramirez</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee</action>
<statusdate>4/3/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael Halpin</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Nicholas K. Smith</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Celina Villanueva</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jennifer Gong-Gershowitz</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Anna Moeller</action>
<statusdate>4/5/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Marcus C. Evans, Jr.</action>
<statusdate>4/8/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sam Yingling</action>
<statusdate>4/8/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Deb Conroy</action>
<statusdate>4/10/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol Ammons</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robyn Gabel</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robert Martwick</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Anne Stava-Murray</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lamont J. Robinson, Jr.</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joyce Mason</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Aaron M. Ortiz</action>
<statusdate>4/23/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>5/2/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Arthur Turner</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Zalewski</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Emanuel Chris Welch</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michelle Mussman</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Maurice A. West, II</action>
<statusdate>5/16/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Diane Pappas</action>
<statusdate>5/16/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Justin Slaughter</action>
<statusdate>5/16/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Yehiel M. Kalish</action>
<statusdate>5/21/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jonathan "Yoni" Pizer</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

