<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 145</title>
<shortdesc>INC TX-FOREIGN TAX</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Bill Cunningham</sponsors>
</sponsor>
<lastaction>
<statusdate>6/2/2025</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/601</reference><aliasreference>from Ch. 120, par. 6-601</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/17/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Bill Cunningham</action>
<statusdate>1/17/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/17/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/28/2025</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/21/2025</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 11, 2025</action>
<statusdate>4/11/2025</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 9, 2025</action>
<statusdate>5/9/2025</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025</action>
<statusdate>5/23/2025</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025</action>
<statusdate>6/2/2025</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
</actions>
</xml>
