<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1510         </title>
<shortdesc>INC TX-NET LOSS CARRYOVER</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Barbara Wheeler</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/207</reference><aliasreference>from Ch. 120, par. 2-207</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that no net loss carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2012 and prior to December 31, 2013 (instead of December 31, 2014). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Barbara Wheeler</action>
<statusdate>2/13/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/13/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/19/2013</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/22/2013</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

