Illinois General Assembly - Bill Status for HB3425
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 Bill Status of HB3425  102nd General Assembly


Short Description:  INC TX-OPPORTUNITY FUND-GAINS

House Sponsors
Rep. Will Guzzardi, Kelly M. Cassidy, Delia C. Ramirez and Anna Moeller

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an addition modification in an amount equal to certain gains attributable to Opportunity Funds under certain provisions of the Internal Revenue Code. Effective immediately.

Actions 
DateChamber Action
  2/19/2021HouseFiled with the Clerk by Rep. Will Guzzardi
  2/22/2021HouseFirst Reading
  2/22/2021HouseReferred to Rules Committee
  3/16/2021HouseAssigned to Revenue & Finance Committee
  3/25/2021HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  5/7/2021HouseAdded Co-Sponsor Rep. Delia C. Ramirez
  5/14/2021HouseAdded Co-Sponsor Rep. Anna Moeller

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