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<xml>
<title>Illinois General Assembly - Bill Status for SB 2463   </title>
<shortdesc>INC TX-PARTNERSHIP INCOME</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Bill Brady-Pamela J. Althoff</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</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. Restores a deduction allowed for personal services income of a partnership and certain compensation paid to partners (now, the deduction is available only for taxable years ending before December 31, 2009). Makes changes to a corresponding addition modification. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>10/14/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Bill Brady</action>
<statusdate>10/14/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>10/14/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>10/14/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/24/2010</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

