<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2449         </title>
<shortdesc>INC TX-OPPORTUNITY FUND-GAINS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Ram Villivalam-Mike Simmons, Robert Peters, Omar Aquino and Robert F. Martwick</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</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 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>2/26/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Ram Villivalam</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/26/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/21/2021</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Mike Simmons</action>
<statusdate>5/5/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Robert Peters</action>
<statusdate>5/17/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Omar Aquino</action>
<statusdate>5/19/2021</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Robert F. Martwick</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

