INC TX-INSURER DEDUCTINS Senate SponsorsSen. James F. Clayborne, Jr.-Don Harmon House Sponsors(Rep. Linda Chapa LaVia-Thomas Holbrook) 5/19/2006SenatePublic Act . . . . . . . . . 94-0789 35 ILCS 5/203from Ch. 120, par. 2-203Amends the Illinois Income Tax Act. Provides that a corporate income tax deduction for certain amounts paid or incurred by an interinsurer or reciprocal insurer to an attorney-in-fact: (i) applies on and after July 20, 1999; and (ii) is exempt from the Act's sunset provisions. Effective immediately. 1/20/2006SenateFiled with Secretary by Sen. James F. Clayborne, Jr. 1/20/2006SenateFirst Reading 1/20/2006SenateReferred to Rules 2/8/2006SenateAssigned to Insurance 2/15/2006SenateDo Pass Insurance; 009-000-000 2/15/2006SenatePlaced on Calendar Order of 2nd Reading February 16, 2006 2/16/2006SenateSecond Reading 2/16/2006SenatePlaced on Calendar Order of 3rd Reading February 22, 2006 2/17/2006SenateAdded as Chief Co-Sponsor Sen. Don Harmon 2/22/2006SenateThird Reading - Passed; 057-000-000 2/22/2006HouseArrived in House 2/22/2006HousePlaced on Calendar Order of First Reading 3/1/2006HouseChief House Sponsor Rep. Linda Chapa LaVia 3/1/2006HouseFirst Reading 3/1/2006HouseReferred to Rules Committee 3/8/2006HouseAssigned to Revenue Committee 3/16/2006HouseDo Pass / Short Debate Revenue Committee; 007-000-000 3/16/2006HousePlaced on Calendar 2nd Reading - Short Debate 3/16/2006HouseAdded Alternate Chief Co-Sponsor Rep. Thomas Holbrook 3/28/2006HouseSecond Reading - Short Debate 3/28/2006HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/29/2006HouseThird Reading - Short Debate - Passed 114-000-000 3/29/2006SenatePassed Both Houses 4/27/2006SenateSent to the Governor 5/19/2006SenateGovernor Approved 5/19/2006SenateEffective Date May 19, 2006 5/19/2006SenatePublic Act . . . . . . . . . 94-0789