REVENUE-TECH Senate SponsorsSen. Win Stoller House Sponsors(Rep. Ryan Spain) 1/7/2025SenateSession Sine Die 35 ILCS 5/101from Ch. 120, par. 1-101Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.Senate Floor Amendment No. 1 Deletes reference to:35 ILCS 5/101from Ch. 120, par. 1-101Adds reference to:35 ILCS 5/201Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Provides that, in the case of an entity that elects entity-level tax treatment under the Act, the term "net income" does not include certain distributions to retired partners or shareholders under a retirement or disability plan, to the extent that those distributions are exempt from tax under specified provisions of the Act. Effective immediately.Senate Floor Amendment No. 2 Makes a technical correction concerning a cross reference. 2/2/2023SenateFiled with Secretary by Sen. John F. Curran 2/2/2023SenateFirst Reading 2/2/2023SenateReferred to Assignments 3/2/2023SenateAssigned to Executive 3/9/2023SenateDo Pass Executive; 011-000-000 3/9/2023SenatePlaced on Calendar Order of 2nd Reading March 10, 2023 3/10/2023SenateSecond Reading 3/10/2023SenatePlaced on Calendar Order of 3rd Reading March 21, 2023 3/17/2023SenateChief Sponsor Changed to Sen. Win Stoller 3/20/2023SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Win Stoller 3/20/2023SenateSenate Floor Amendment No. 1 Referred to Assignments 3/21/2023SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Win Stoller 3/21/2023SenateSenate Floor Amendment No. 2 Referred to Assignments 3/28/2023SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue 3/28/2023SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue 3/30/2023SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 007-000-000 3/30/2023SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 007-000-000 3/30/2023SenateRecalled to Second Reading 3/30/2023SenateSenate Floor Amendment No. 1 Adopted; Stoller 3/30/2023SenateSenate Floor Amendment No. 2 Adopted; Stoller 3/30/2023SenatePlaced on Calendar Order of 3rd Reading 3/30/2023SenateThird Reading - Passed; 057-000-000 3/31/2023HouseArrived in House 3/31/2023HouseChief House Sponsor Rep. Tony M. McCombie 3/31/2023HouseAlternate Chief Sponsor Changed to Rep. Ryan Spain 4/11/2023HouseFirst Reading 4/11/2023HouseReferred to Rules Committee 4/18/2023HouseAssigned to Revenue & Finance Committee 4/28/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025SenateSession Sine Die