FRANCHISE TAX-REPEAL Senate SponsorsSen. Win Stoller, Dave Syverson-Jason Plummer, Andrew S. Chesney, Craig Wilcox, Sally J. Turner and Neil Anderson 1/7/2025SenateSession Sine Die 805 ILCS 5/15.35from Ch. 32, par. 15.35805 ILCS 5/15.65from Ch. 32, par. 15.65805 ILCS 5/15.98 newAmends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2024. Repeals the provisions on January 1, 2025. Directs the Legislative Reference Bureau to prepare a bill effecting necessary changes to conform the statutes to the changes made by the amendatory Act. Effective immediately. 2/6/2023SenateFiled with Secretary by Sen. Win Stoller 2/6/2023SenateFirst Reading 2/6/2023SenateReferred to Assignments 3/28/2023SenateAdded as Co-Sponsor Sen. Dave Syverson 3/29/2023SenateAdded as Chief Co-Sponsor Sen. Jason Plummer 3/30/2023SenateAdded as Co-Sponsor Sen. Andrew S. Chesney 4/17/2023SenateAdded as Co-Sponsor Sen. Craig Wilcox 7/18/2023SenateAdded as Co-Sponsor Sen. Sally J. Turner 1/26/2024SenateAdded as Co-Sponsor Sen. Neil Anderson 1/7/2025SenateSession Sine Die