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<xml>
<title>Illinois General Assembly - Bill Status for SB 3489         </title>
<shortdesc>INC TX-STATE AND LOCAL DEDUCT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chapin Rose-Seth Lewis, Win Stoller, Jil Tracy and Sue Rezin</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</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 a deduction for amounts that are disallowed as a deduction on the taxpayer's federal income tax return because of the $10,000 limitation under the federal Internal Revenue Code on deductions for certain State and local taxes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2024</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chapin Rose</action>
<statusdate>2/9/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/15/2024</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Seth Lewis</action>
<statusdate>6/11/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Win Stoller</action>
<statusdate>6/26/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jil Tracy</action>
<statusdate>7/2/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Sue Rezin</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

