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<xml>
<title>Illinois General Assembly - Bill Status for HB 2558         </title>
<shortdesc>INVESTED CAPITAL-REPEAL CAP</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. John E. Bradley</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 620/2a.1</reference><aliasreference>from Ch. 120, par. 469a.1</aliasreference><SynopsisText>     Amends the Public Utilities Revenue Act. Provides that a provision of the Act requiring the Department to issue credits to taxpayers if the total amount received by the Department exceeds $145,279,553 plus an amount equal to the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index during the immediately preceding taxable period of the total amount received by the Department for the immediately preceding taxable period applies only for taxable periods ending on or before December 31, 2012. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/21/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. John E. Bradley</action>
<statusdate>2/21/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/21/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2013</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>

