<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3748   </title>
<shortdesc>INC TX-RETIREMENT BENEFITS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. James H. Meyer-Sidney H. Mathias-Randall M. Hultgren-Timothy L. Schmitz</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</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. Provides that for taxable years beginning on or after January 1, 2005, the taxpayer may deduct from base income all amounts distributed from a qualified cash or deferred arrangement under Section 401(k) of the Internal Revenue Code if those amounts were distributed on or after the date that the taxpayer attained the age of 59.5. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. James H. Meyer</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2005</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Motion Do Pass - Lost Revenue Committee;  005-006-001</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Remains in Revenue Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/21/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/21/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Randall M. Hultgren</action>
<statusdate>3/21/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Timothy L. Schmitz</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

