<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3425         </title>
<shortdesc>INC TX-OPPORTUNITY FUND-GAINS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Will Guzzardi, Kelly M. Cassidy, Delia C. Ramirez and Anna Moeller</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</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><SynopsisText>     Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to certain gains attributable to Opportunity Funds under certain provisions of the Internal Revenue Code. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Will Guzzardi</action>
<statusdate>2/22/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/22/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/16/2021</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/25/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/7/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Delia C. Ramirez</action>
<statusdate>5/14/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Anna Moeller</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

