<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2955   </title>
<shortdesc>REVENUE-VARIOUS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Barbara Flynn Currie</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. Toi W. Hutchinson)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/23/2011</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 97-0507</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><reference>35 ILCS 5/204</reference><aliasreference>from Ch. 120, par. 2-204</aliasreference><reference>35 ILCS 5/205</reference><aliasreference>from Ch. 120, par. 2-205</aliasreference><reference>35 ILCS 5/207</reference><aliasreference>from Ch. 120, par. 2-207</aliasreference><reference>35 ILCS 5/214</reference><aliasreference></aliasreference><reference>35 ILCS 5/220</reference><aliasreference></aliasreference><reference>35 ILCS 5/304</reference><aliasreference>from Ch. 120, par. 3-304</aliasreference><reference>35 ILCS 5/502</reference><aliasreference>from Ch. 120, par. 5-502</aliasreference><reference>35 ILCS 5/506</reference><aliasreference>from Ch. 120, par. 5-506</aliasreference><reference>35 ILCS 5/601</reference><aliasreference>from Ch. 120, par. 6-601</aliasreference><reference>35 ILCS 5/701</reference><aliasreference>from Ch. 120, par. 7-701</aliasreference><reference>35 ILCS 5/702</reference><aliasreference>from Ch. 120, par. 7-702</aliasreference><reference>35 ILCS 5/703</reference><aliasreference>from Ch. 120, par. 7-703</aliasreference><reference>35 ILCS 5/704A</reference><aliasreference></aliasreference><reference>35 ILCS 5/709.5</reference><aliasreference></aliasreference><reference>35 ILCS 5/804</reference><aliasreference>from Ch. 120, par. 8-804</aliasreference><reference>35 ILCS 5/909</reference><aliasreference>from Ch. 120, par. 9-909</aliasreference><reference>35 ILCS 5/911</reference><aliasreference>from Ch. 120, par. 9-911</aliasreference><reference>35 ILCS 5/1002</reference><aliasreference>from Ch. 120, par. 10-1002</aliasreference><reference>35 ILCS 5/1101</reference><aliasreference>from Ch. 120, par. 11-1101</aliasreference><reference>35 ILCS 5/1402</reference><aliasreference>from Ch. 120, par. 14-1402</aliasreference><reference>35 ILCS 5/1405.4</reference><aliasreference></aliasreference><reference>35 ILCS 5/1501</reference><aliasreference>from Ch. 120, par. 15-1501</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act to (i) include a deduction for a taxpayer who was required to add back insurance premiums in an amount equal to the amount of any reimbursement received from the insurance company for any loss covered by a policy for which those premiums were paid, to the extent of the federal income tax deduction that would have been allowable for the loss in computing adjusted gross income if not for the reimbursement, (ii) make changes concerning net losses, life insurance income, and withholding by partnerships, and (iii) make various administrative and technical changes. Makes other changes. Effective immediately.</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<SynopsisText>Further amends the Illinois Income Tax Act. Creates a deduction for amounts included in the taxpayer's federal adjusted gross income under Section 87 of the Internal Revenue Code (pertaining to an alcohol fuel credit). Provides that deductions for personal service income of a partnership and income distributable to entities that are subject to the Personal Property Tax Replacement Income Tax are not subject to the Act's automatic sunset provisions. Makes technical corrections.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Provides that the deduction for amounts included in the taxpayer's adjusted gross income under Section 87 of the Internal Revenue Code (pertaining to an alcohol fuel credit) applies for taxable years ending on or after December 31, 2008 (instead of taxable years ending on or after December 31, 2011).</SynopsisText></synopsis>
<actions>
<statusdate>2/22/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Barbara Flynn Currie</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Recommends Do Pass Subcommittee/ Revenue &amp; Finance Committee;  003-000-000</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Remains in Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Revenue &amp; Finance Committee;  009-000-000</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/1/2011</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/1/2011</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/5/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie</action>
<statusdate>4/5/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>4/12/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Rules Committee;  004-000-000</action>
<statusdate>4/13/2011</statusdate><chamber>House</chamber><action>Recalled to Second Reading - Short Debate</action>
<statusdate>4/13/2011</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted by Voice Vote</action>
<statusdate>4/13/2011</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>4/13/2011</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 082-034-000</action>
<statusdate>4/14/2011</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/14/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading April 15, 2011</action>
<statusdate>4/25/2011</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>4/27/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/27/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>5/4/2011</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>5/11/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>5/11/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>5/11/2011</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  010-000-000</action>
<statusdate>5/11/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading May 12, 2011</action>
<statusdate>5/13/2011</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/13/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 16, 2011</action>
<statusdate>5/16/2011</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>5/16/2011</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>5/17/2011</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Revenue</action>
<statusdate>5/19/2011</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Revenue;  006-000-000</action>
<statusdate>5/19/2011</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/19/2011</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Hutchinson</action>
<statusdate>5/19/2011</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 20, 2011</action>
<statusdate>5/22/2011</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 043-000-000</action>
<statusdate>5/22/2011</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)</action>
<statusdate>5/22/2011</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/22/2011</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 2</action>
<statusdate>5/23/2011</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion Filed Concur Rep. Barbara Flynn Currie</action>
<statusdate>5/23/2011</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee</action>
<statusdate>5/27/2011</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee;  003-001-000</action>
<statusdate>5/28/2011</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 2 House Concurs 089-014-000</action>
<statusdate>5/28/2011</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>6/24/2011</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>8/23/2011</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>8/23/2011</statusdate><chamber>House</chamber><action>Effective Date August 23, 2011</action>
<statusdate>8/23/2011</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 97-0507</action>
</actions>
</xml>

