<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3422         </title>
<shortdesc>INC TX-PARTNERSHIP INTEREST</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John M. Sullivan-Don Harmon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/305</reference><aliasreference>from Ch. 120, par. 3-305</aliasreference><reference>35 ILCS 5/307</reference><aliasreference>from Ch. 120, par. 3-307</aliasreference><reference>35 ILCS 5/308</reference><aliasreference>from Ch. 120, par. 3-308</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Contains provisions concerning the apportionment to nonresidents of gains or losses on partnerships, trusts, or stock in Subchapter S corporations upon the sale, exchange, abandonment, liquidation, or other disposition of the interest in the partnership, trust, or stock.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2014</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John M. Sullivan</action>
<statusdate>2/14/2014</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/14/2014</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2014</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/6/2014</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/19/2014</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Don Harmon</action>
<statusdate>3/21/2014</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/27/2014</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  011-000-000</action>
<statusdate>3/27/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 1, 2014</action>
<statusdate>4/11/2014</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 1, 2014</action>
<statusdate>7/1/2014</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

