Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

Synopsis As Introduced
Creates the Financial Transaction Tax Act. Beginning September 1, 2013, imposes a tax on the privilege of engaging in a financial transaction on any of the following exchanges or boards of trade: the Chicago Stock Exchange, the Chicago Mercantile Exchange, the Chicago Board of Trade, and the Chicago Board Options Exchange. Provides that the tax is imposed at a rate of 0.01% of the value of the transaction. Provides that the term "financial transaction" means a transaction involving the purchase or sale of a stock contract, futures contract, swap contract, credit default swap contract, or options contract, but does not include a transaction involving securities held in a retirement account or a transaction involving a mutual fund. Effective immediately.

Actions 

Date	Chamber	Action
2/13/2013	House	Filed with the Clerk by Rep. Mary E. Flowers
2/13/2013	House	First Reading
2/13/2013	House	Referred to Rules Committee
2/19/2013	House	Assigned to Revenue & Finance Committee
3/8/2013	House	Added Chief Co-Sponsor Rep. Linda Chapa LaVia
3/15/2013	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Mary E. Flowers
3/15/2013	House	House Committee Amendment No. 1 Referred to Rules Committee
3/18/2013	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/19/2013	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Mary E. Flowers
3/19/2013	House	House Committee Amendment No. 2 Referred to Rules Committee
3/20/2013	House	House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
3/21/2013	House	Added Chief Co-Sponsor Rep. Barbara Flynn Currie
3/21/2013	House	Added Chief Co-Sponsor Rep. La Shawn K. Ford
3/22/2013	House	Rule 19(a) / Re-referred to Rules Committee
3/22/2013	House	House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
3/22/2013	House	House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
3/29/2013	House	Added Co-Sponsor Rep. Esther Golar
7/9/2013	House	Added Chief Co-Sponsor Rep. Naomi D. Jakobsson
7/9/2013	House	Chief Co-Sponsor Changed to Rep. Naomi D. Jakobsson
7/9/2013	House	Added Co-Sponsor Rep. Greg Harris
2/11/2014	House	Assigned to Revenue & Finance Committee
2/20/2014	House	To Sales and Other Taxes Subcommittee
3/28/2014	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

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