<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2734         </title>
<shortdesc>INC TX-OVERTIME DEDUCTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Christopher "C.D." Davidsmeyer</sponsors>
</sponsor>
<lastaction>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an income tax deduction for the amount of overtime compensation that is paid to the taxpayer during the taxable year and that is included in the taxpayer's federal adjusted gross income. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Christopher "C.D." Davidsmeyer</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</actions>
</xml>

