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<title>Illinois General Assembly - Bill Status for HB 175    </title>
<shortdesc>INCOME TAX-REDUCE RATE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael G. Connelly-Tom Cross-David Reis-Dwight Kay-Mike Bost, Ron Stephens, Wayne Rosenthal, Jim Watson, Norine Hammond, Kay Hatcher, Sidney H. Mathias, David R. Leitch, Joe Sosnowski, Ed Sullivan, Jr., Darlene J. Senger, Sandy Cole, Keith P. Sommer, Richard Morthland, Patricia R. Bellock, Randy Ramey, Jr., JoAnn D. Osmond, Bill Mitchell, Dennis M. Reboletti, Jil Tracy, Adam Brown, Dan Brady, Chapin Rose, Franco Coladipietro, John D. Cavaletto, Rosemary Mulligan, Michael W. Tryon, Pam Roth, Jason Barickman, Thomas Morrison, Jim Sacia, Jack D. Franks, Chris Nybo, Michael Unes, Kent Gaffney, Paul Evans and Chad Hays</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 305/5</reference><aliasreference>from Ch. 124, par. 5</aliasreference><reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><reference>35 ILCS 5/207</reference><aliasreference>from Ch. 120, par. 2-207</aliasreference><reference>35 ILCS 5/804</reference><aliasreference>from Ch. 120, par. 8-804</aliasreference><reference>35 ILCS 5/901</reference><aliasreference>from Ch. 120, par. 9-901</aliasreference><reference>35 ILCS 405/2</reference><aliasreference>from Ch. 120, par. 405A-2</aliasreference><reference>30 ILCS 5/3-20 rep.</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.786 rep.</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.787 rep.</reference><aliasreference></aliasreference><reference>30 ILCS 105/6z-85 rep.</reference><aliasreference></aliasreference><reference>30 ILCS 105/6z-86 rep.</reference><aliasreference></aliasreference><reference>30 ILCS 105/25.2 rep.</reference><aliasreference></aliasreference><reference>35 ILCS 5/201.5 rep.</reference><aliasreference></aliasreference><reference>35 ILCS 5/202.5 rep.</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act if and only if Senate Bill 2505 of the 96th General Assembly becomes law. Reduces the rate of tax imposed by Senate Bill 2505 of the 96th General Assembly to 3% for individuals, trusts, and estates and 4.8% for corporations (the rates in effect immediately prior to the passage of Senate Bill 2505). Provides that the amendatory Act supersedes Senate Bill 2505 of the 96th General Assembly and that the rates shall be deemed to be 3% for individuals, trusts, and estates and 4.8% for corporations for the entire period beginning on the effective date of Senate Bill 2505 of the 96th General Assembly through the effective date of the amendatory Act and thereafter. Makes corresponding changes concerning the distribution of tax proceeds. Amends the Illinois Estate and Generation-Skipping Transfer Tax Act to reverse certain changes made by Senate Bill 2505 of the 96th General Assembly. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/13/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael G. Connelly</action>
<statusdate>1/13/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Ron Stephens</action>
<statusdate>1/13/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. David Reis</action>
<statusdate>1/13/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Dwight Kay</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Wayne Rosenthal</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Watson</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Norine Hammond</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kay Hatcher</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. David R. Leitch</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joe Sosnowski</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mike Bost</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ed Sullivan, Jr.</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Darlene J. Senger</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandy Cole</action>
<statusdate>1/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Keith P. Sommer</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Richard Morthland</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Randy Ramey, Jr.</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. JoAnn D. Osmond</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Bill Mitchell</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dennis M. Reboletti</action>
<statusdate>1/18/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jil Tracy</action>
<statusdate>1/19/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Adam Brown</action>
<statusdate>1/19/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dan Brady</action>
<statusdate>1/19/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chapin Rose</action>
<statusdate>1/20/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Franco Coladipietro</action>
<statusdate>1/20/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. John D. Cavaletto</action>
<statusdate>1/21/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rosemary Mulligan</action>
<statusdate>1/21/2011</statusdate><chamber>House</chamber><action>Remove Chief Co-Sponsor Rep. Ron Stephens</action>
<statusdate>1/21/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ron Stephens</action>
<statusdate>1/21/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Tom Cross</action>
<statusdate>1/21/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael W. Tryon</action>
<statusdate>1/24/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Pam Roth</action>
<statusdate>1/27/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jason Barickman</action>
<statusdate>2/7/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thomas Morrison</action>
<statusdate>2/8/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Sacia</action>
<statusdate>2/8/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>2/8/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Nybo</action>
<statusdate>2/28/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael Unes</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>10/7/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kent Gaffney</action>
<statusdate>11/10/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Paul Evans</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 25 Rules Committee;  Rep. Dennis M. Reboletti</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Objects to Motion Rep. Barbara Flynn Currie</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Chair Rules Motion unecessary due to denial of unanimous consent</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Appeal Ruling of Chair Rep. Dennis M. Reboletti</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Chair Rules Motion Out of Order</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Appeal Ruling of Chair Rep. Dennis M. Reboletti</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Chair Rules Motion Out of Order</action>
<statusdate>4/24/2012</statusdate><chamber>House</chamber><action>Motion Lost</action>
<statusdate>4/25/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chad Hays</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

